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SUGAR REPORT | 23.09.2022 | MARKET NEWS | SEBAT GROUP

SUGAR REPORT | 23.09.2022 | MARKET NEWS

Barchart - Sugar prices Thursday closed moderately higher, with NY sugar posting to a 1-week high.  Thursday's strength in crude oil prices (CLX22) supported moderate gains in sugar.  Higher crude prices benefit ethanol and may prompt Brazil's sugar mills to divert more sugarcane crushing toward ethanol production rather than sugar, thus curbing sugar supplies.

 



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