Sugar Prices Retreat as Ethanol Weakness May Spur More Sugar Production
7/5 04:21
July NY world sugar #11 (SBN26 ) today is down -0.48 (-3.12%), and Aug London ICE white sugar #5 (SWQ26 ) is down -13.10 (-2.90%). Sugar prices are sharply lower today, with London sugar tumbling to a 1-week low. Today's -4% plunge in gasoline prices (RBM26 ) is undercutting ethanol......