REPORTS

StoneX - The sugar market experienced strong appreciation on Tuesday (18), driven primarily by increasingly consistent rumors that India may open space for sugar imports in the coming months. By the end of the trading session, the front-month raw sugar contract (NY #11) was priced at US¢ 17.47/lb (+3.56%), after reaching intraday levels not seen in the past 14 months. Meanwhile, white sugar (LDN #5) closed at US$ 539.50/t (+3.15%), trading at the highest levels since early 2024.