Technical Short Covering Lifts Sugar Prices
March NY world sugar #11 (SBH26 ) today is up +0.16 (+1.12%), and December London ICE white sugar #5 (SWZ25 ) is up +4.20 (+1.01%). Sugar prices are moving higher today after a three-week slide pushed prices into oversold territory, sparking technical short covering in sugar futures. Sugar prices have...
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