May NY world sugar #11 (SBK26) fell $0.28 (-1.97%) to a one-month low and May London ICE white sugar #5 (SWK26) dropped $7.90 (-1.87%) to a three-week low, extending a week-long slide. The moves reflect continued negative pressure (negative carryover) on sugar futures and softer near-term positioning in the market.
May NY world sugar #11 (SBK26) fell $0.28 (-1.97%) to a one-month low and May London ICE white sugar #5 (SWK26) dropped $7.90 (-1.87%) to a three-week low, extending a week-long slide. The moves reflect continued negative pressure (negative carryover) on sugar futures and softer near-term positioning in the market.
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mildly negative
Sentiment Score
-0.25
Ticker Sentiment