May NY world sugar #11 (SBK26 ) on Thursday closed down -0.29 (-1.90%), and May London ICE white sugar #5 (SWK26 ) closed down -6.40 (-1.45%). Sugar prices tumbled to 2-week lows on Thursday and settled sharply lower. Ramped up sugar production in India undercut prices on Thursday after India's...
Higher Sugar Production in India Pressures Prices
May NY world sugar #11 (SBK26 ) on Thursday closed down -0.29 (-1.90%), and May London ICE white sugar #5 (SWK26 ) closed down -6.40 (-1.45%). Sugar prices tumbled to 2-week lows on Thursday and settled sharply lower.…