May NY world sugar #11 (SBK26 ) on Wednesday closed down -0.23 (-1.48%), and May London ICE white sugar #5 (SWK26 ) closed down -6.40 (-1.43%). Sugar prices tumbled to 2-week lows on Wednesday and settled sharply lower. Wednesday's -1% decline in crude oil prices (CLK26). undercuts ethanol prices, potentially...
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Crude Oil Weakness Pressures Sugar Prices
May NY world sugar #11 (SBK26 ) on Wednesday closed down -0.23 (-1.48%), and May London ICE white sugar #5 (SWK26 ) closed down -6.40 (-1.43%). Sugar prices tumbled to 2-week lows on Wednesday and settled sharply…
