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 ...

March NY world sugar #11 (SBH26) today is down -0.16 (-1.06%), and March London ICE white sugar #5 (SWH26) is down -3.20 (-0.75%). Sugar prices are falling today amid higher Indian sugar output and a slide in crude oil prices.  The India Sugar Mill Association (ISMA) reported today that Indian sugar production from Oct 1-Dec 15 jumped +28% y/y to 7.8 MMT. More News from Barchart Weakness in crude oil (CLF26) undercuts ethanol prices and may prompt the world's sugar mills to divert more cane crushing ...

March NY world sugar #11 (SBH26) today is down -0.03 (-0.20%), and March London ICE white sugar #5 (SWH26) is down -0.40 (-0.09%). Sugar prices are slightly lower today as they consolidate this week's losses.  On Monday, sugar prices fell sharply to 1.5-week lows amid India's ramped-up sugar production.  The India Sugar Mill Association (ISMA) reported Monday that Indian sugar production from Oct-Nov jumped +43% y/y to 4.11 MMT.  The ISMA also reported that 428 sugar mills in India were crushing cane as o ...