Sugar Prices Pressured by the Outlook for a Global Surplus
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July NY world sugar #11 (SBN25 ) Thursday closed down -0.30 (-1.69%), and August London ICE white sugar #5 (SWQ25 ) closed down -9.60 (-1.93%). Sugar prices settled lower on Thursday, consolidating just above Tuesday’s 2-week lows. Over the past week, expectations for a global sugar surplus have weighed on…
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