May NY world sugar #11 (SBK25 ) Wednesday closed up +0.10 (+0.55%), and May London ICE white sugar #5 (SWK25 ) closed up +4.00 (+0.77%). On Wednesday, sugar prices posted moderate gains as the dollar index (DXY00) fell to a 3-3/4 month low and spurred short-covering in sugar futures. Gains...Packets of white and raw sugar by Tafilah Yusof via Pixabay
Sugar Prices Finish High as Dollar Weakness Induces Short Covering
Written on 03/08/2025