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Stock impact report

Sugar Prices Climb with the Brazilian Real [Yahoo! Finance]

StoneX Group Inc. (SNEX) 
Company Research Source: Yahoo! Finance
March NY world sugar #11 (SBH26) on Tuesday closed up +0.10 (+0.69%), and May London ICE white sugar #5 (SWK26) closed down -1.00 (-0.24%). Sugar prices settled mixed on Tuesday, with NY sugar climbing to a 2.5-week high. Strength in the Brazilian real (^USDBRL) is supportive for sugar prices. The real rose +0.31% on Tuesday, just below Monday's 1.75-year high against the dollar, discouraging export sales from Brazil's sugar producers. More News from Barchart Coffee Prices Fall on the Prospects for a Bumper Crop in Brazil Improved Brazil Coffee Crop Prospects Weigh on Prices Surging Winter Wheat Prices Are Lifting Grain Futures Across the Board. What to Watch Next. Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! An excessive short position by funds in NY sugar futures could add fuel to a short-covering rally. Last Friday's weekly Commitment of Traders (COT) report showed funds boosted their short position in NY s Show less Read more
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