USA: Sugar hovers near stability and registers slight drops on New York Stock Exchange this morning

Sugar futures prices opened Monday's session (17) with a slight increase on the New York Stock Exchange, but reversed the trend in the morning, registering small drops, but still close to stability. In London, the variations were mixed at the beginning of the day, but also began to show reductions. At around 9 am (Brasília time), March/25 registered a drop of 0.08 cents, being traded at 20.60 cents/lbp, while May/25 fell 0.06 cents, quoted at 19.14 cents/lbp. July/25 fell 0.06 cents, worth 18.49 cents/lbp, and October/25 registered a slight devaluation of 0.05 cents, traded at 18.37 cents/lbp. On the London Stock Exchange, prices were also operating with a slight drop. The March/25 contract was quoted at US$ 529.20 per ton, down US$ 0.20. May/25 showed a slight drop of US$ 0.70, trading at US$ 529.90 per ton. August/25 fell US$ 0.10, quoted at US$ 517.30 per ton, while October/25 fell US$ 0.60, trading at US$ 508.70 per ton. According to Jack Scoville, an ...