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Barchart
Barchart
Rich Asplund

Sugar Prices Climb on the Outlook for Smaller Global Supplies

July NY world sugar #11 (SBN23) on Friday closed up +0.54 (+2.17%), and Aug London white sugar #5 (SWQ23) closed up +11.50 (+1.65%).

Sugar prices garnered support Friday from Thursday's bi-annual report from the USDA that projected that 2023/24 global sugar ending stocks will fall to a 5-year low.  

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