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Sugar Prices Weighed Down as Brazil Ramps Up Sugar Production

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May NY world sugar #11 (SBK24 ) this morning is down -0.44 (-2.09%), and May London ICE white sugar #5 (SWK24 ) is down -8.90 (-1.48%). Sugar prices this morning tumbled to fresh 2-month lows. Rising sugar production in Brazil, the world’s largest sugar producer, is bearish for prices. Last…

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