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Barchart
Barchart
Rich Asplund

Dollar Strength Weighs on Sugar Prices

March NY world sugar #11 (SBH26) today is down -0.15 (-1.06%), and May London ICE white sugar #5 (SWK26) is down -5.60 (-1.372%).

Sugar prices gave up an early advance today and turned lower as the dollar's strength sparked long liquidation in sugar futures.  The dollar index ($DXY) rallied to a 3.5-week high today, pressuring most commodity prices.  

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