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Rich Asplund

Sugar Prices Fall on the Outlook for a Global Surplus

India ISO Thailand Brazil FAs Iran ISMA USDA

May NY world sugar #11 (SBK26) today is down -0.21 (-1.51%), and May London ICE white sugar #5 (SWK26) is down -5.30 (-1.289%).

Sugar prices are sliding today as the outlook for a global surplus outweighs the geopolitical risks of higher shipping costs from the Iran war.

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