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Barchart

Rich Asplund

The Outlook for a Global Sugar Surplus Weighs on Prices

India NY ISO Thailand Brazil FAs ISMA USDA

May NY world sugar #11 (SBK26) on Thursday closed down -0.01 (-0.07%), and May London ICE white sugar #5 (SWK26) closed down -2.80 (-0.68%).

Sugar prices settled lower on Thursday, with NY sugar falling to a 2-week low. The outlook for the global sugar surplus to persist is weighing on prices and limiting rallies.

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