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Sugar prices rise on weather worries in India
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Sugar prices rise on weather worries in India

October white sugar LSUc1 rose 0.7% to $720.50/ton, nearing a 12-year high of $740.20. Concerns about crops in India and Thailand are supporting the market as drought could lower production. October raw sugar SBc1 increased 1.3% to 25.38 cents/pound.

4 September 2023 4 September 2023

October white sugar LSUc1 rose 0.7% to $720.50 a metric ton, approaching a 12-year high of $740.20 set earlier this week, Nasdaq reported.

The market remains supported by crop concerns in India and Thailand as dry weather threatens to limit production.

October raw sugar SBc1 rose 1.3% to 25.38 cents a pound.

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