May NY world sugar #11 (SBK26) closed up $0.26 (+1.83%) and May London ICE white sugar #5 (SWK26) closed up $12.30 (+2.97%), with London hitting a one-week high. Price gains were driven by higher crude oil, which is changing sugar mills' production incentives and supporting sugar prices.
May NY world sugar #11 (SBK26) closed up $0.26 (+1.83%) and May London ICE white sugar #5 (SWK26) closed up $12.30 (+2.97%), with London hitting a one-week high. Price gains were driven by higher crude oil, which is changing sugar mills' production incentives and supporting sugar prices.
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mildly positive
Sentiment Score
0.15
Ticker Sentiment
