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Barchart
Rich Asplund

Sugar Prices Fall Back as Brazilian Real Weakness Spurs Long Liquidation

Brazil India Thailand ISM ISO USDA

October NY world sugar #11 (SBV24) today is down -0.40 (-2.01%), and Oct London ICE white sugar #5 (SWV24) is down -9.00 (-1.62%).

Sugar prices today are moderately lower after the Brazilian real (^USDBRL) fell to a 3-week low against the dollar, which sparked long liquidation pressure in sugar futures after this week's sharp rally.

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