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Barchart

Rich Asplund

Short-Covering and Technical Buying Lifts Sugar Prices

Brazil Green Pool Commodity Specialists India London Thailand USDA

May NY world sugar #11 (SBK25) Monday closed up +0.54 (+2.95), and May London ICE white sugar #5 (SWK25) closed up +5.90 (+1.12%).

Sugar prices Monday rose to 1-week highs on short covering and technical buying after last week's sell-off.

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