Sugar Prices Slip as Crude Oil Plunges
Yahoo Finance·2026-03-24 00:23
May NY world sugar #11 (SBK26) today is down -0.15 (-0.96%), and May London ICE white sugar #5 (SWK26) is down -1.80 (-0.40%). Today's plunge in crude oil prices (CLK26) by more than -7% has sparked long liquidation in sugar futures. The weakness in crude prices undercuts ethanol prices and may encourage the world's sugar mills to decrease ethanol production and boost sugar output. More News from Barchart Sugar prices still have some support amid supply disruptions from the closure of the Strait of H ...