Raw sugar futures hit 16-month high as India, Brazil supply concerns mount

Verifying
  • Raw sugar futures on ICE reached a 16-month high amid supply concerns in India and Brazil.
  • Raw sugar settled 1.9% higher at 18.70 cents per pound on Wednesday.
  • Rain forecasts could halt harvesting in Brazil’s main Ribeirao Preto sugarcane area.
The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.