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Rich Asplund

Oversold Conditions Spark Mild Short Covering in Sugar Futures

India Brazil ISMA ISO Thailand Czarnikow FAs NY USDA

March NY world sugar #11 (SBH26) today is up +0.01 (+0.07%), and March London ICE white sugar #5 (SWH26) is up +8.90 (+2.37%).

Sugar prices are moving higher today on some technical short-covering after the recent selloff pushed them into oversold territory.

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