Sugar Price Slide on Rain Forecasts for Brazil
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May NY world sugar #11 (SBK25 ) today is down -0.34 (-1.76%), and May London ICE white sugar #5 (SWK25 ) is down -4.20 (-0.78%). Sugar prices today fell to 1-1/2 week lows as forecasted rains for Brazil eased dryness concerns and sparked long liquidation in sugar futures. Meteorologist Climatempo…
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