Sugar Prices Slump to 4-Year Lows on the Outlook for Abundant Global Supplies
20/6 15:55
July NY world sugar #11 (SBN25 ) Wednesday closed down -0.20 (-1.24%), and August London ICE white sugar #5 (SWQ25 ) closed up +3.80 (+0.82%). Sugar prices on Wednesday extended their 3-month-long slide and posted 4-year nearest-futures lows. The outlook for improving global sugar supplies is weighing on prices. However,......