Projections of Wider Global Sugar Deficits Sparks Short-Covering in Sugar

May NY world sugar #11 (SBK24 ) on Tuesday closed up +0.27 (+1.31%), and May London ICE white sugar #5 (SWK24 ) closed up +1.30 (+0.22%). Sugar prices on Tuesday recovered from 2-month lows and posted moderate gains. Short-covering emerged in sugar futures Tuesday after BP Bunge Bioenergia projected that... https://www.nasdaq.com/articles/projections-of-wider-global-sugar-deficits-sparks-short-covering-in-sugar