News

Sugar operates close to stability on the US and UK stock exchanges this 3rd

Sugar
United Kingdom
United States
Market & Price Trends
Published Feb 27, 2024

Tridge summary

Sugar futures are currently trading near stability on the New York and London stock exchanges, following a previous high. This comes as the market continues to express concerns over supply due to the new Brazilian and financial harvest. The most traded maturity of raw sugar on the New York Stock Exchange saw a slight increase of 0.27% to 22.22 cents/lb, while in London, the main maturity experienced a minor decrease of 0.03%, quoted at US$ 624.30 per ton.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Sugar futures operate close to stability this Tuesday (27) on the New York and London stock exchanges. The market adjusts to the previous high, but still reflects fears about supply in light of the new Brazilian and financial harvest. Oil, for example, has a slight drop at the beginning of the day abroad. At around 8:33 am (Brasília time), the most traded maturity of raw sugar on the New York Stock Exchange had increased by 0.27%, to 22.22 cents/lb. In London, the main maturity fell 0.03%, quoted at US$ ...
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