Sugar Trades Higher But Bearish Fundamentals Prevail
July NY world sugar #11 (SBN24 ) today is up +0.17 (+0.93%), and Aug London ICE white sugar #5 (SWQ24 ) is up +3.30 (+0.61%). Sugar prices are mildly higher on some pre-weekend short-covering as they consolidate mildly above the recent major lows. There was fresh bearish news Thursday when...
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