Sugar Prices Rebound as Conab Cuts its Brazil Sugar Production Estimate

May NY world sugar #11 (SBK24 ) this morning is up +0.28 (+1.45%), and Aug London ICE white sugar #5 (SWQ24 ) is up +11.40 (+2.04%). Sugar prices this morning moved higher as short covering emerged in sugar futures after Conab cut its Brazil 2023/24 sugar production estimate by -2.6%...#auglondon #swq24 #conab #brazil

Source: Reuters: Health - April 18, 2024 Category: Consumer Health News Source Type: news