Sugar Prices Fluctuate on ICE Exchange

Sugar prices on the ICE exchange fluctuated today, with the March contract opening at 14.92 cents, peaking at 15 cents, and closing at 14.86 cents per pound. The May contract also saw a slight decrease, opening at 14.45 cents and closing at 14.41 cents. Trading volume dropped significantly to 33,756 contracts from yesterdays 77,725. Open interest decreased by 4,461 contracts to 951,437, suggesting a moderate trading day with shifts in market positions.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.