Ample Global Supplies Weigh on Sugar Prices
Yahoo Finance·2026-03-04 19:26
May NY world sugar #11 (SBK26) on Wednesday closed down -0.20 (-1.44%), and May London ICE white sugar #5 (SWK26) closed down -5.10 (-1.23%). Sugar prices retreated on Wednesday as the outlook for a global surplus outweighs the geopolitical risks of higher shipping costs from the Iran war. More News from Barchart On February 12, sugar prices plunged to 5.25-year nearest-futures lows on concern that a global sugar surplus will persist. On February 11, analysts from sugar trader Czarnikow said they expe ...