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Crude Oil Weakness Pressures Sugar Prices
Yahoo Finance· 2026-03-26 00:28
May NY world sugar #11 (SBK26) today is down -0.29 (-1.83%), and May London ICE white sugar #5 (SWK26) is down -6.90 (-1.49%). Sugar prices are falling today as a -2% slump in crude oil prices (CLK26) has sparked long liquidation in sugar futures. More News from Barchart On Tuesday, NY sugar rallied to a 5-month high, and London sugar to a 5.5-month high, as the recent surge in crude prices to a 3.75-year high is bullish for sugar.  The strength in crude prices boosts ethanol prices and may encourage ...