Sugar Prices Benefit from Surging Crude Prices

Written on 07/17/2026
Rich Asplund

October NY world sugar #11 (SBV26 ) on Friday closed up +0.39 (+2.70%), and October London ICE white sugar #5 (SWV26 ) closed up +15.30 (+3.37%). Sugar prices settled sharply higher on Friday, with London sugar posting a 1-week high. Soaring crude oil prices on Friday spurred short covering in...Packets of white and raw sugar by Tafilah Yusof via Pixabay