Strength in Crude Oil Sparks Short Covering in Sugar Futures
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March NY world sugar #11 (SBH25 ) today is up +0.15 (+0.78%), and March London ICE white sugar #5 (SWH25 ) is up +4.70 (+0.93%). Sugar prices today recovered from early losses and are moderately higher. Today’s rally in WTI crude oil (CLG25 ) to an 8-week high sparked short…
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