ARTICLE 2 #Sugar Industry

Global sugar markets have been locked in a tight trading band over the past few weeks, as international sugar prices hover around 16 to 17 cents per pound. With few immediate catalysts, traders and analysts say this range may persist — unless something shifts the balance.

March NY world sugar #11 (SBH26) on Friday closed up +0.07 (+0.431%), and December London ICE white sugar #5 (SWZ25) closed down -1.20 (-0.26%). Sugar prices settled mixed on Friday.