Strength in Crude Oil Sparks Short Covering in Sugar Futures
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Strength in Crude Oil Sparks Short Covering in Sugar Futures
July NY world sugar #11 (SBN25 ) Tuesday closed up +0.02 (+0.12%), and August London ICE white sugar #5 (SWQ25 ) closed up +2.80 (+0.59%). Sugar prices on Tuesday recovered from early losses and posted modest gains. Short covering emerged in sugar futures Tuesday to lift prices higher after WTI...
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