Surging Crude Oil Prices Support Sugar
May NY world sugar #11 (SBK26 ) on Thursday closed up +0.03 (+0.22%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +3.80 (+0.90%). Sugar prices moved higher on Thursday, with London sugar posting a 2-week high. Strength in crude oil prices (CLM26 ) is supportive of sugar,...
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