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Market Impact: 0.18
Sugar Prices See Support on Lower Brazil Sugar Production
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsEmerging Markets
March New York sugar #11 futures rose 0.04 (0.20%), while December London white sugar #5 gained 0.20 (0.04%). Prices found support after Unica reported Brazil Center-South sugar output fell 5.6% year over year in August to 7.089 million metric tons; the article also mentions recent heavy rains but provides no further detail.
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