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Barchart
Barchart
Rich Asplund

Sugar Prices Fall on Strong Sugar Production in Brazil

Brazil India El Nino ISMA Thailand USDA

March NY world sugar #11 (SBH24) on Tuesday closed up -0.33 (-1.43%), and May London ICE white sugar #5 (SWK24) closed down -7.20 (-1.14%).

Sugar prices on Tuesday dropped to 1-month lows and closed moderately lower.  Sugar prices are under pressure from a significant increase in Brazil's sugar production.

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