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Market Impact: 0.28
Sugar Prices Climb on Signs of Better Demand
Source: Nasdaq
Commodities & Raw MaterialsCommodity FuturesConsumer Demand & Retail
March NY world sugar futures rose 1.67% (+0.31), while December London ICE white sugar gained 0.43% (+2.20). The advance was driven by indications that sugar demand is stronger than initially projected, with Covrig Analytics estimating 1.45 million metric tons of sugar demand.
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