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Rich Asplund

Sugar Prices Tumble as Monsoon Rains Arrive in India and Brazil's Sugar Output Rises

India Brazil ISMA London USDA

July NY world sugar #11 (SBN23) on Monday closed down -0.33 (-1.33%), and Aug London white sugar #5 (SWQ23) closed down -9.70 (-1.41%).

Sugar prices Monday tumbled to 6-week lows. The arrival of monsoon rains in India and ramped-up sugar production in Brazil are weighing on sugar prices.

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