From Crude to Cane: The Evolving Drivers of Global Sugar Prices

From Crude to Cane: The Evolving Drivers of Global Sugar Prices

The Middle East conflict introduced significant volatility into global sugar markets. In sugar’s case, the linkage with energy markets initially proved supportive for prices. NY #11 raw sugar futures rose from 13.89 c/lb at the end of February to 15.87 c/lb by 26...