Sugar Prices Weaken on Expectations for a Global Sugar Surplus
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July NY world sugar #11 (SBN25 ) today is down -0.33 (-1.86%), and August London ICE white sugar #5 (SWQ25 ) is down -10.80 (-2.17%). Sugar prices are moving lower today, consolidating just above Tuesday’s 2-week lows. Over the past week, expectations for a global sugar surplus have weighed on…
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