Sugar Prices Gain as Dollar Weakness Spurs Short Covering
Yahoo Finance·2026-02-04 03:22
March NY world sugar #11 (SBH26) on Tuesday closed up +0.37 (+2.59%), and March London ICE white sugar #5 (SWH26) closed up +12.40 (+3.06%). Sugar prices settled sharply higher on Tuesday as a weaker dollar (DXY00) sparked short covering in sugar futures. More News from Barchart On Monday, NY sugar fell to a 2.5-month low, and London sugar dropped to a 5-year low, as the outlook for global sugar surpluses and higher global production has hammered prices. Last Thursday, Green Pool Commodity Specialists ...