Expectations for a Global Surplus Pressure Sugar Prices
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July NY world sugar #11 (SBN25 ) Wednesday closed down -0.06 (-0.36%), and August London ICE white sugar #5 (SWQ25 ) closed up +5.00 (+1.07%). Sugar prices on Wednesday settled mixed. Sugar prices have been in a two-month-long downtrend, with NY sugar posting a 4-year nearest-futures low last Friday and…
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