Projections of Wider Global Sugar Deficits Sparks Short-Covering in Sugar

Date:

March 5, 2024

May NY world sugar #11 (SBK24 ) on Tuesday closed up +0.27 (+1.31%), and May London ICE white sugar #5 (SWK24 ) closed up +1.30 (+0.22%). Sugar prices on Tuesday recovered from 2-month lows and posted moderate gains. Short-covering emerged in sugar futures Tuesday after BP Bunge Bioenergia projected that…

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Projections of Wider Global Sugar Deficits Sparks Short-Covering in Sugar

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Projections of Wider Global Sugar Deficits Sparks Short-Covering in Sugar

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