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Barchart
Barchart
Rich Asplund

Sugar Slightly Higher on Brazilian Real Strength

October NY world sugar #11 (SBV24) today is up +0.04 (+0.22%), and Oct London ICE white sugar #5 (SWV24) is up +0.90 (+0.17%).

Sugar prices today are slightly higher as they find support from strength in the Brazilian real (^USDBRL).  The real today rallied to a 5-week high against the dollar, discouraging export selling from Brazil's sugar producers.

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