Sugar Surges Amid Soaring Gasoline Prices and Supply Disruptions
Yahoo Finance·2026-03-20 00:25

May NY world sugar #11 (SBK26) today is up +0.50 (+3.38%), and May London ICE white sugar #5 (SWK26) is up +11.70 (+2.67%). Sugar prices today added to this week's sharp rally, climbing to 5-month highs.  Soaring gasoline prices are boosting ethanol prices and are bullish for sugar.  Gasoline (RBJ26) rallied to a 3.5-year high today, which may encourage the world's sugar mills to increase ethanol production at the expense of sugar. More News from Barchart Sugar prices are also finding support amid sup ...