Market Update – May 2022
![](https://www.msfsugar.com.au/wp-content/uploads/2022/05/MUlgrave-Mill-300x225.jpg)
The spot value of sugar fell to a 3-month low of 18.30 cents per pound last Thursday 12th of May before staging a remarkable recovery through the next few days to peak at 20.24 c/lb on Tuesday night. This quick run up in value has coincided with a weak Aussie dollar which has been trading…