Sugar Prices Supported by a Surge in Gasoline Prices
July NY world sugar #11 (SBN26) on Monday closed up +0.34 (+2.27%), and Aug London ICE white sugar #5 (SWQ26) did not trade as markets in the UK were closed for the May Day holiday. Sugar prices settled sharply higher on Monday for a second day, with NY sugar posting a 1-month high. Monday's +3% surge in gasoline prices (RBM26)…
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