Sugar Prices Sharply Higher on Prospects of Smaller Global Output
4/5 19:02
July NY world sugar #11 (SBN26 ) on Friday closed up +0.34 (+2.33%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +7.60 (+1.73%). Sugar prices rallied sharply on Friday, with NY sugar posting a 3.5-week high. Concerns that higher gasoline prices will prompt the world's sugar mills......