ADMISI Sugar Market Comment – 25th March, 2024

SUGAR MARKET RECAP 3/22/2024 May Sugar closed down 0.21 at 21.85. This was 0.10 up from the low and 0.38 off the high. May sugar once again approached the 50-day moving average and backed off from that level to close lower on the day. Concerns about the upcoming Brazilian cane crop has provided underlying support