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Barchart
Barchart
Rich Asplund

Sugar Prices Settle Higher as a Weak Dollar Spurs Short Covering

USDA Brazil India London NY Thailand

October NY world sugar #11 (SBV25) on Friday closed up +0.13 (+0.80%), and October London ICE white sugar #5 (SWV25) closed up +4.10 (+0.85%).

Sugar prices on Friday settled higher after a plunge in the dollar index (DXY00) to a 3.5-week low sparked short covering in sugar futures.

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