Sugar continues positive streak and rises above 1% in London
Published Feb 17, 2025
Tridge summary
Sugar futures on the London Stock Exchange saw a rise of over 1%, continuing a six-day winning streak. The most notable increase was in March/25, which rose by US$ 7.10 to US$ 544.60/ton. Other contracts also experienced gains, with August/25 up by US$ 5.40 to US$ 526.80/ton, October/25 by US$ 4.30 to US$ 516.50/ton, and December/25 by US$ 4.20 to US$ 512.20/ton. The surge in sugar prices is largely due to concerns about Brazil's sugarcane harvest, as reduced rainfall has hindered cane development, potentially leading to a delayed and reduced sugar production in April.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Sugar futures on the London Stock Exchange opened up more than 1% among the most traded contracts. Thus, the quotes continue the sequence of gains. On the European stock exchange, this is the sixth consecutive session that the sweetener has recorded gains. At around 10 am (Brasília time), March/25 was up US$ 7.10, quoted at US$ 544.60/ton. August/25 rose US$ 5.40 and was now worth US$ 526.80/ton. October/25 was traded at US$ 516.50/ton, up US$ 4.30. December/25 had a price of US$ 512.20/ton, a gain of US$ 4.20. According to Barchart, sugar is also rising due to concerns about Brazil's harvest. “Alvean, the world’s largest sugar ...
Source: NoticiasAgricolas
Related market data
Read more relevant content
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.