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Market Impact: 0.25

Slumping Crude Oil Pressures Sugar Prices

Commodities & Raw MaterialsCommodity FuturesEnergy Markets & PricesMarket Technicals & Flows

May NY world sugar #11 (SBK26) closed down $0.18 (-1.25%) and May London ICE white sugar #5 (SWK26) closed down $1.30 (-0.31%) on Monday. The declines were driven by weakness in crude oil, with WTI falling more than 4%, putting downward pressure on sugar futures through energy-linked demand and cost channels.

Analysis

May NY world sugar #11 (SBK26) closed down $0.18 (-1.25%) and May London ICE white sugar #5 (SWK26) closed down $1.30 (-0.31%) on Monday. The declines were driven by weakness in crude oil, with WTI falling more than 4%, putting downward pressure on sugar futures through energy-linked demand and cost channels.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15