Sugar Prices Hammered by Outlook for Abundant Sugar Supplies
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July NY world sugar #11 (SBN25 ) Tuesday closed down -0.44 (-2.66%), and August London ICE white sugar #5 (SWQ25 ) closed down -14.50 (-3.02%). Sugar prices on Tuesday settled sharply lower but remained above the significant lows of Monday. The outlook for improving global sugar supplies is weighing on…
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