July NY world sugar #11 closed down 0.09 cents, or 0.65%, and Aug London ICE white sugar fell 1.70 points, or 0.38%. NY sugar hit a 7-week low as prices were pressured by a slightly stronger dollar. The move is modest and appears driven by macro FX and technical weakness rather than a major supply-demand shock.
July NY world sugar #11 closed down 0.09 cents, or 0.65%, and Aug London ICE white sugar fell 1.70 points, or 0.38%. NY sugar hit a 7-week low as prices were pressured by a slightly stronger dollar. The move is modest and appears driven by macro FX and technical weakness rather than a major supply-demand shock.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.22