Short - covering rally
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Chinese Demand Concerns Undercut Sugar Prices
Yahoo Finance· 2026-02-26 17:23
March NY world sugar #11 (SBH26) today is down -0.13 (-0.89%), and May London ICE white sugar #5 (SWK26) is up +0.70 (+0.17%). Sugar prices gave up an early advance today and are mixed, with NY sugar falling from a 3-week high. Sugar prices came under pressure today after the Financial Times reported that China is considering imposing higher taxes on beverages with the greatest sugar content, potentially reducing China's sugar demand. More News from Barchart Signs of lower sugar output in Brazil are ...
Sugar Prices Rally with the Brazilian Real
Yahoo Finance· 2026-02-23 17:26
March NY world sugar #11 (SBH26) today is up +0.08 (+0.56%), and May London ICE white sugar #5 (SWK26) is up +0.20 (+0.05%). Sugar prices are moving higher today, 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 today, discouraging export sales from Brazil's sugar producers. More News from Barchart Sugar prices also have positive carryover support ...