Financial weighs and stock markets in New York, US, and London, UK have a strong drop for sugar in this 4th
설탕
미국
영국
게시됨 2023년 6월 1일
Tridge 요약
Sugar futures prices ended this Wednesday's session (31) with a sharp drop on the New York and London stock exchanges. The market had a new day of financial weight, with oil losses and a focus on the exchange rate, but also followed data from India on exports.
원본 콘텐츠
The most traded month of raw sugar on the New York Stock Exchange fell 1.07% on the day, trading at 25.06 cents/lb, with a high of 25.44 cents/lb and a low of 25.02 cents/lb. In London, the first contract had a devaluation of 1.51% on the day, quoted at US$ 696.10 a tonne. After concerns about whether the United States Congress would approve the debt ceiling pact, in addition to expectations with the meeting of the Organization of Petroleum Exporting Countries and allies (OPEC+) at the weekend, oil began to reflect fears about demand . This Wednesday was marked by the release of weak data from the world's largest oil importer, China, which weighed on oil, in addition to the dollar. "Weaker oil prices hurt ethanol prices and could lead the world's mills to shift more sugarcane crushing to sugar than to ethanol, thus increasing the supply of the sweetener", explained Barchart on the impact of the oil on sugar. In addition, the dollar was moderately high against the real this ...