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SUGAR REPORT | 07.10.2022 | MARKET NEWS | SEBAT GROUP

SUGAR REPORT | 07.10.2022 | MARKET NEWS

Barchart - Sugar prices Thursday moved higher for the third straight session, with NY sugar climbing to a 1-1/2 month high and London sugar climbing to a 3-week high.  A rally in crude prices (CLX22) Thursday to a 3-week high underpinned sugar prices.  Higher crude prices benefit ethanol and may prompt Brazil's sugar mills to divert more cane crushing toward ethanol production rather than sugar, thus curbing sugar supplies.  



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