May NY world sugar #11 (SBK26 ) on Tuesday closed down -0.03 (-0.19%), and May London ICE white sugar #5 (SWK26 ) closed down -3.80 (-0.84%). Sugar prices fell to 1.5-week lows on Tuesday and settled lower. Higher sugar production in Brazil is undercutting sugar prices. Last Friday, Unica reported...
Higher Sugar Production in Brazil Weighs on Sugar Prices
May NY world sugar #11 (SBK26 ) on Tuesday closed down -0.03 (-0.19%), and May London ICE white sugar #5 (SWK26 ) closed down -3.80 (-0.84%). Sugar prices fell to 1.5-week lows on Tuesday and settled lower. Higher…