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Barchart
Barchart
Rich Asplund

Sugar Prices Pressured by Brazilian Real Weakness

Brazil India Thailand ISM USDA

October NY world sugar #11 (SBV24) Friday closed down -0.51 (-2.56%), and Oct London ICE white sugar #5 (SWV24) closed down -10.40 (-1.87%).

Sugar prices Friday settled 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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