Sugar Prices Sink as Ethanol Weakness May Spur More Sugar Production
7/5 18:29
July NY world sugar #11 (SBN26 ) on Wednesday closed down -0.56 (-3.64%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -15.00 (-3.32%). Sugar prices settled sharply lower on Wednesday, with London sugar falling to a 1-week low. Wednesday's -4% plunge in gasoline prices (RBM26 ) undercut......