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Market Impact: 0.2

Sugar Prices Push Higher as the Brazilian Real Weakens

Commodities & Raw MaterialsCurrency & FXEconomic Data

October NY world sugar #11 (SBV26) closed up +0.37 (+2.49%), while Aug London ICE white sugar #5 (SWQ26) rose +3.00 (+0.62%). Sugar settled higher, supported by a rally in the Brazilian real to a 2-week high, adding currency-driven support to the market.

Analysis

October NY world sugar #11 (SBV26) closed up +0.37 (+2.49%), while Aug London ICE white sugar #5 (SWQ26) rose +3.00 (+0.62%). Sugar settled higher, supported by a rally in the Brazilian real to a 2-week high, adding currency-driven support to the market.

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Market Sentiment

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mildly positive

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0.25

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