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Barchart

Rich Asplund

EXPLAINED: Ample global supplies undercut sugar prices | Vintage Vibes

India USDA Brazil ISMA London NY Thailand

October NY world sugar #11 (SBV25) on Friday closed down -0.28 (-1.69%), and October London ICE white sugar #5 (SWV25) closed down -9.20 (-1.92%).

Sugar prices retreated on Friday and have been under pressure this week due to speculation that India may boost its sugar exports.

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