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News
Concerns about Tighter Global Supplies Underpin Sugar Prices
3+ week, 3+ day ago (258+ words) October NY world sugar #11 (SBV26) closed up +0.08 (+0.46%) on Wednesday, and October London ICE white sugar #5 (SWV26) closed up +2.70 (+0.50%). Last Friday, Czarnikow predicted a 2027/28 global sugar deficit of -2.9 MMT due to lower sugar cane and sugar beet plantings. The group forecast that 2027/28 global…...
Sugar Prices Turn Lower on Technical Selling
3+ week, 3+ day ago (294+ words) October NY world sugar #11 (SBV26) is down -0.03 (-0.17%) today, and October London ICE white sugar #5 (SWV26) is down -0.50 (-0.09%). Sugar prices gave up an early advance today and turned lower on technical selling. With the sharp rally over the past two weeks, sugar prices…...
Global Supply Concerns Fuel a Rally in Sugar Prices
3+ week, 4+ day ago (258+ words) October NY world sugar #11 (SBV26) closed up +0.60 (+3.56%) on Tuesday, and October London ICE white sugar #5 (SWV26) closed up +16.50 (+3.15%). Last Friday, Czarnikow predicted a 2027/28 global sugar deficit of -2.9 MMT due to lower sugar cane and sugar beet plantings. The group forecast that 2027/28 global…...