Brazilian Real Strength Sparks Short Covering in Sugar
17/6 12:26
July NY world sugar #11 (SBN25 ) today is up +0.20 (+1.24%), and August London ICE white sugar #5 (SWQ25 ) is up +7.90 (+1.70%). Sugar prices today recovered from early losses and turned higher as strength in the Brazilian real sparked some short-covering in sugar futures. The real (^USDBRL......