Sugar Prices Sink on Higher Brazil Sugar Production

March NY world sugar #11 (SBH26) on Thursday closed down -0.14 (-0.97%), and December London ICE white sugar #5 (SWZ25) closed down -3.70 (-0.89%). Sugar prices extended their three-week-long slide on Thursday, with NY sugar posting a 5-year nearest-futures low and London sugar posting a 4.75-year low. More News from Barchart Higher sugar output in Brazil is undercutting prices after Unica on Thursday reported that Brazil's Center-South sugar output in the first half of October rose by +1.3% y/y to 2.48 ...