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Market Impact: 0.2
Sugar Prices Undercut by Demand Concerns
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsMarket Technicals & Flows
October NY world sugar #11 futures fell 0.06 cents, or 0.34%, while December London ICE white sugar gained 0.20, or 0.04%. Sugar prices hit three-week lows before a modest late-session recovery, leaving the two benchmark contracts mixed at settlement. The move indicates continued near-term pressure on the sugar complex.
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