USA: Sugar opens close to stability and heads for weekly loss of over 6% on the New York Stock Exchange

This Friday (20) began with slight variations in sugar prices on the New York and London stock exchanges. As a result, after a sequence of six consecutive downward sessions, prices are set to end this week with a drop of over 6% in NY and 4% in London. In New York, at around 9 am (Brasília time), the March/25 contract was down 0.02 cents, trading at 19.38 cents/lbp. May/25 was down 0.02 cents, trading at 18.03 cents/lbp, while July/25 was down 0.03 cents, trading at 17.60 cents/lbp. The October/25 contract also recorded a negative variation, with a drop of 0.04 cents, trading at 17.56 cents/lbp. On the London Stock Exchange, movements were also downward. The March/25 contract fell US$ 3.00, trading at US$ 506.20 per ton. May/25 fell US$ 2.80, trading at US$ 507.00. August/25 fell US$ 1.60, trading at US$ 496.30 per ton, and ...