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Sugar Prices Finish Higher as Rain Slows Brazil’s Sugar Harvest

Source: Nasdaq

Commodity FuturesCommodities & Raw MaterialsNatural Disasters & Weather

October New York world sugar rose 0.63% to close higher Tuesday, while December London white sugar gained 0.08%. Prices recovered from early losses as short covering emerged amid concerns that rainfall in Brazil could slow sugar-related production or harvesting activity, tightening near-term supply conditions.

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