Sugar Prices Sink as Brazil’s Sugar Production Prospects Improve
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March NY world sugar #11 (SBH25 ) today is down -0.91 (-4.40%), and March London ICE white sugar #5 (SWH25 ) is down -15.60 (-2.95%). Sugar prices are plummeting today, with NY sugar posting a 3-month low and London sugar posting a 4-month low. Brazil’s larger-than-expected sugarcane crush is weighing…
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