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Market Impact: 0.2
Sugar Prices Supported by the Outlook for a Global Deficit
Source: Nasdaq
Commodities & Raw MaterialsEnergy Markets & PricesMarket Technicals & Flows
NY world sugar #11 for October (SBV26) is up +0.23 (+1.31%) today, supported by expectations for a global sugar deficit. London ICE white sugar #5 (SWV26) is not trading due to UK market closure for a holiday. The deficit outlook is the key near-term bullish driver for sugar prices.
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