Sugar ETFs Surge on Brazilian Supply Outlook, Short Covering
July 31, 2017 at 14:32 PM EDT
Sugar futures and commodity-related exchange traded products climbed Monday on expectations of a smaller cane to sugar output out of Brazil after a tax change that could make ethanol more competitive. On Monday, the iPath Bloomberg Sugar Subindex Total Return ETN (NYSEArca: SGG) rose 4.4% and...