Sugar futures fluctuated in New York as traders weighed ample Brazilian supplies against mounting El Niño risks that could tighten global supplies later this year.
Sugar futures fluctuated in New York as traders weighed ample Brazilian supplies against mounting El Niño risks that could tighten global supplies later this year.
Trucks loaded with sugarcane wait for processing at a sugar plant in Itapetininga, Sao Paulo state. Photographer: Jonne Roriz/Bloomberg