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Market Impact: 0.22
Sugar Prices Decline as Dollar Strength Spurs Long Liquidation
Source: Nasdaq
Commodities & Raw MaterialsCommodity FuturesCurrency & FXMarket Technicals & Flows
October NY world sugar #11 futures fell 1.21% to a 1.5-week low, while October London ICE white sugar #5 declined 0.48%. A stronger U.S. dollar prompted long liquidation in sugar futures, creating near-term downward pressure on prices.
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