Sugar Prices Mixed Friday

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global sugar surplus

Barchart

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Business

Business & Economics

Sugar Prices Supported by News of Increased Pakistan Sugar Imports

Summary

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88% Informative

July NY world sugar # 11 ( SBN25 ) Friday closed up +0.22 (+1.39%), and August London ICE white sugar # 5 (SWQ25) closed down -7.30 ( -1.51% ) Sugar prices on Friday settled mixed.

Short covering emerged in sugar futures on Friday after Pakistan 's government announced plans to import 250,000 metric tons of raw sugar.

The outlook for higher sugar production in India , the world's second -largest producer, is bearish for prices.

The USDA also forecasted that 2025/26 global sugar ending stocks would climb +7.5% y/y to 41.188 MMT . On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com .

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formal

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English

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