Sugar Prices Finish Higher as Dollar Weakness Spurs Short Covering

Written on 01/18/2025
Rich Asplund

March NY world sugar #11 (SBH25 ) Thursday closed up +0.40 (+2.22%), and March London ICE white sugar #5 (SWH25 ) closed up +12.50 (+2.65%). Sugar prices posted moderate gains on Thursday, as a weaker dollar (DXY00 ) sparked short covering in sugar futures. An excessive short position by funds...Packets of white and raw sugar by Tafilah Yusof via Pixabay