May NY world sugar #11 (SBK26) closed down 0.39 (-2.61%) and May London ICE white sugar #5 (SWK26) closed down 7.00 (-1.61%), with prices tumbling to 2.5-week lows. The selloff followed India ruling out an export ban, easing supply-concern premiums and exerting downward pressure on sugar futures.
May NY world sugar #11 (SBK26) closed down 0.39 (-2.61%) and May London ICE white sugar #5 (SWK26) closed down 7.00 (-1.61%), with prices tumbling to 2.5-week lows. The selloff followed India ruling out an export ban, easing supply-concern premiums and exerting downward pressure on sugar futures.
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mildly negative
Sentiment Score
-0.25
Ticker Sentiment
