Sugar Prices Tumble on Rising Global Sugar Production

March NY world sugar #11 (SBH26) on Friday closed down -0.09 (-0.63%), and December London ICE white sugar #5 (SWZ25) closed down -3.30 (-0.80%). Sugar prices moved lower on Friday, with London sugar posting a 4.75-year nearest-futures low.  The outlook for robust global sugar supplies is pressuring prices.  On Thursday, NY sugar prices slumped to a 5-year nearest-futures low mainly due to higher sugar output in Brazil and talk of a global sugar surplus.   On Wednesday, sugar trader Czarnikow boosted its ...