International sugar prices may soften further if favourable weather persists in Brazil: Claudiu Covrig

International sugar prices are sluggish amid reports of higher sugar production in Brazil. On Wednesday, July NY World Sugar #11 fell by 1.17%, and August London ICE white sugar #5 declined nearly 2%, continuing a slump that began earlier in the week. On Tuesday, NY Sugar posted a 1-1/2 year nearest-futures low, and London sugar … Continue reading International sugar prices may soften further if favourable weather persists in Brazil: Claudiu Covrig