Sinking Crude Oil Prices Weigh on Sugar

Written on 07/28/2026
Rich Asplund

October NY world sugar #11 (SBV26 ) on Tuesday closed down -0.03 (-0.21%), and October London ICE white sugar #5 (SWV26 ) closed down -1.60 (-0.35%). Sugar prices slid to 1-week lows on Tuesday and settled lower amid the plunge in crude oil prices. WTI crude oil (CLU26 ) sank...Many sugar cubes in pile by Pasja1000 via Pixabay