Closure of Brazil’s Sugar Mills Pushes Sugar Prices Higher
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March NY world sugar #11 (SBH25 ) Monday closed up +0.62 (+2.87%), and March London ICE white sugar #5 (SWH25 ) closed up +18.50 (+3.33%). Sugar prices Monday rallied to 1-week highs on the prospects of further seasonal mill closures in Brazil to curb sugar production. Wilmar International projects the…
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