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Market Impact: 0.25
Sugar Prices Fall as Crude Oil Gives Back Some Gains
Source: Nasdaq
Commodities & Raw MaterialsEnergy Markets & PricesCommodity Futures
October NY world sugar #11 futures fell 3.02% (-0.60), while October London ICE white sugar futures declined 2.84% (-15.30). The selloff was attributed to a more than 2% drop in WTI crude oil, reversing part of crude’s 6.7% surge on Thursday and weighing on sugar prices.
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