Sugar Prices Decline Amid Crude Oil Drop and Increased Supply

Sugar prices fell significantly as crude oil prices dropped by 12%, impacting ethanol demand and potentially increasing sugar supply. The decline was also influenced by the reopening of the Strait of Hormuz, easing supply concerns, and increased sugar production in Brazil. Global sugar surplus expectations are further pressuring prices.

By Rich Asplund Fri, April 17, 2026 at 7:36 PM GMT+3 4 min read · Yahoo Finance · April 17, 2026, 16:36 UTC

Topics: Brazil Sugar Production Crude Oil Prices Ethanol Production Global Supply Sugar Prices

Read the full article at Yahoo Finance

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