Sugar Prices Erase Early Gains as Crude Oil Tumbles
March NY world sugar #11 (SBH26 ) on Wednesday closed down -0. 04 (-0. 27%), and March London ICE white sugar #5 (SWH26 ) closed down -0. 30 (-0. 07%). Sugar prices fell back from 3. 5-week highs on Wednesday and closed lower after a plunge in crude oil prices sparked long liquidation in sugar.