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Market Impact: 0.3

Sugar Prices Slip on Fund Profit-Taking

Source: Nasdaq

Commodity FuturesCommodities & Raw Materials

March New York sugar #11 futures fell 0.53, or 2.54%, and December London white sugar #5 futures declined 11.50, or 2.07%. Prices slid as funds took profits after a sharp two-week rally; the article says New York sugar had reached a 19-month nearest-futures high on Wednesday.

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