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Market Impact: 0.25
Sugar Prices Fall as India May Import Less Sugar Than Anticipated
Source: Nasdaq
Commodities & Raw MaterialsEnergy Markets & PricesMarket Technicals & Flows
Sugar prices are sharply lower: October NY world sugar #11 (SBV26) is down 2.10% today and October London ICE white sugar #5 (SWV26) is down 3.49%, with London trading at a 1-week low. The selloff is driven by carryover pressure from Monday, keeping the near-term tone bearish for the complex.
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Overall Sentiment
mildly negative
Sentiment Score
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