Sugar Prices Push Higher on Brazilian Real Strength
Yahoo Finance·2026-02-23 19:25
March NY world sugar #11 (SBH26) on Monday closed up +0.15 (+1.05%), and May London ICE white sugar #5 (SWK26) closed up +1.60 (+0.39%). Sugar prices rallied sharply on Monday, with NY sugar posting a 2.5-week high and London sugar posting a 1.5-week high. Strength in the Brazilian real (^USDBRL) is bullish for sugar prices. The real jumped to a 1.75-year high against the dollar on Monday, discouraging export sales from Brazil's sugar producers. More News from Barchart Sugar prices also have positive ...