Sugar Prices Extend the Week-Long Rally on Global Supply Concerns
October NY world sugar #11 (SBV26) is up +0.14 (+0.85%) today, and October London ICE white sugar #5 (SWV26) is up +2.50 (+0.49%). Sugar prices extended their week-long rally today, with NY sugar posting a 10-month nearest-futures high and London sugar posting a 15-month high. Concerns over lower global sugar production are propelling prices sharply…