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Sugar Prices Stabilize after Monday’s Sell-off

Source: Nasdaq

Commodities & Raw MaterialsCommodity FuturesCurrency & FX

March NY sugar futures rose 0.15 (+0.79%) and December London white sugar futures gained 3.10 (+0.60%). Prices stabilized after NY sugar plunged 5.6% Monday to a one-month low; the excerpt attributes Monday’s sharp decline to a near-plunge in the Brazilian real.

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