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Rich Asplund

Sugar Prices Recover as Dollar Weakness Spurs Short Covering

India Brazil ISMA ISO NY Thailand Czarnikow FAs London USDA

March NY world sugar #11 (SBH26) today is up +0.33 (+2.34%), and March London ICE white sugar #5 (SWH26) is up +1.20 (+0.30%).

Sugar prices are sharply higher as today's fall in the dollar index ($DXY) to a 1-week low has sparked short covering in sugar futures.

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