Short Covering Pushes Sugar Prices Higher as the Dollar Slumps
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May NY world sugar #11 (SBK25 ) Friday closed up +0.18 (+0.99%), and May London ICE white sugar #5 (SWK25 ) closed up +8.00 (+1.55%). Sugar prices posted moderate gains on Friday, as a slump in the dollar index (DXY00 ) to a 4-month low sparked short covering in sugar…
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