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0 0 -4.88305093021676E-05 9.7661018604474E-05 0.000244152546511116 0.00162800918013581 -0.00141608476976411 0.000195322037208948
Stock impact report

Sugar Prices Pressured by Expectations of Abundant Supplies [Yahoo! Finance]

StoneX Group Inc. (SNEX) 
Company Research Source: Yahoo! Finance
Sugar prices are slightly lower today, pressured by expectations of abundant global supplies. Last Friday, NY sugar fell to a 5-week low, and London sugar slid to a 1-month low. Last Tuesday, India's Food Secretary said the government has no plans to ban sugar exports this year, easing concerns that it could divert more sugar to make ethanol following the Iran war disruption to crude oil supplies. More News from Barchart How Much Higher Can Soybean Meal Prices Go Here? Coffee Prices Climb Amid Below Normal Rainfall in Brazil Soybean Meal Bulls Spring to Life Supporting Soybean Prices; Cotton Prices Surging Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Sugar losses are limited today amid strength in crude oil prices. Crude oil (CLK26) is up by more than 6% today, boosting ethanol prices and may encourage global sugar mills to divert more cane crushing to ethanol production rather than sugar, thereby curbing sugar Show less Read more
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