London sugar futures climbed as Pakistan's latest tenders boosted demand prospects, and speculators increased their bullish bets. After falling last week, the most active contracts rose 2.2% for a while. Pakistan's state-owned Trading Corp. issued a tender last week seeking to purchase another 100,000 tons of refined sugar to stabilize domestic prices. According to ICE Futures Europe data, fund managers increased their net long positions on white sugar to a nine-month high for the week ending August 26. Meanwhile, due to harvest expectations, Paris wheat futures resumed their decline on Monday, with the biggest intraday decline of 0.9%. The price of corn also declined at the same time.

London sugar futures climbed as Pakistan's latest tenders boosted demand prospects, and speculators increased their bullish bets. After falling last week, the most active contracts rose 2.2% for a while. Pakistan's state-owned Trading Corp. issued a tender last week seeking to purchase another 100,000 tons of refined sugar to stabilize domestic prices. According to ICE Futures Europe data, fund managers increased their net long positions on white sugar to a nine-month high for the week ending August 26. Meanwhile, due to harvest expectations, Paris wheat futures resumed their decline on Monday, with the biggest intraday decline of 0.9%. The price of corn also declined at the same time.