Sugar Prices Climb on Strength in the Brazilian Real
Yahoo Finance·2026-01-22 19:23
March NY world sugar #11 (SBH26) on Thursday closed up +0.22 (+1.49%). March London ICE white sugar #5 (SWH26) closed up +4.80 (+1.14%). Sugar prices settled higher on Thursday after a rally in the Brazilian real (^USDBRL) to a 2.25-month high against the dollar prompted short covering in sugar futures. The stronger real discourages export sales from Brazil's sugar producers. More News from Barchart An excessively long position in London ICE white sugar futures could exacerbate any price decline. La ...