Sugar Prices Rally as Gasoline Soars
Yahoo Finance·2026-03-21 02:26
May NY world sugar #11 (SBK26) on Friday closed up +0.33 (+2.15%), and May London ICE white sugar #5 (SWK26) closed up +0.20 (+0.04%). Sugar prices rallied on Friday, with NY sugar hitting a 5-month high. More News from Barchart Soaring gasoline prices are boosting ethanol prices and are bullish for sugar. Gasoline (RBJ26) rose more than +5% on Friday to a 3.5-year high, which may encourage the world's sugar mills to increase ethanol production at the expense of sugar. Sugar prices are also finding ...