July NY world sugar #11 (SBN26) settled up +0.05 (+0.35%) to a 6-week high, while Aug London ICE white sugar #5 (SWQ26) closed up +1.00 (+0.214%). Sugar prices rose for a fourth straight session, supported by concerns over the supply outlook (details not provided in the excerpt). The move is mildly supportive for the sugar complex but likely limited to commodities-linked participants.
July NY world sugar #11 (SBN26) settled up +0.05 (+0.35%) to a 6-week high, while Aug London ICE white sugar #5 (SWQ26) closed up +1.00 (+0.214%). Sugar prices rose for a fourth straight session, supported by concerns over the supply outlook (details not provided in the excerpt). The move is mildly supportive for the sugar complex but likely limited to commodities-linked participants.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.25
