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Dollar Weakness Sparks Short Covering in Sugar Futures

Commodities & Energy

Rich Asplund

·

May 5, 2025

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Barchart

July NY world sugar #11 (SBN25 ) today is up +0.20 (+1.16%), and August London ICE white sugar #5 (SWQ25 ) is not trading today, with markets in the UK closed for the May Day holiday. Sugar prices today are moderately higher as a weaker dollar (DXY00) has prompted short-covering...

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