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Market Impact: 0.2

Sugar Prices Edge Higher on Short Covering

Source: Nasdaq

Commodity FuturesCommodities & Raw MaterialsCurrency & FXEnergy Markets & Prices

March New York sugar #11 settled up 0.09, or 0.49%, while December London white sugar #5 rose 2.40, or 0.48%, on Thursday. The article attributes the gains to a weaker U.S. dollar and a 2% rise in WTI crude oil.

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