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Barchart
Barchart
Rich Asplund

Sugar Continues Lower on Strong Brazil Production

Brazil NY El Nino ISO London USDA

Oct NY world sugar #11 (SBV23) on Thursday closed down -0.52 (-2.30%), and Aug London white sugar #5 (SWQ23) closed down -8.20 (-1.30%).

NY sugar prices on Thursday extended the sharp sell-off seen since last week and fell to a new 2-3/4 month low, generating more technical selling pressure.

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