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Barchart
Barchart
Rich Asplund

Dollar Strength Undercuts Sugar Prices

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May NY world sugar #11 (SBK26) on Monday closed down -0.21 (-1.33%), and May London ICE white sugar #5 (SWK26) closed down -6.30 (-1.37%).

Sugar prices gave up an early advance on Monday and turned lower after a rally in the dollar index ($DXY) to a 10.5-month high sparked long liquidation in sugar futures.

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