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Market Impact: 0.25
Signs of Weak Demand Undercut Sugar Prices
Source: Nasdaq
Commodities & Raw MaterialsCommodity FuturesConsumer Demand & Retail
October NY world sugar futures fell 0.28% and December London white sugar futures declined 0.65%, extending weekly losses to 1.5-week lows. The move was attributed to signs of weak physical sugar demand, creating a bearish near-term backdrop for sugar prices.
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