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Sugar Probes Below 10 Cents for the First Time in a Decade
date:Aug 23, 2018
In August 2015 sugar found a bottom at 10.13 cents per pound. The low was another in a series of higher lows dating back to 1985 when sugar traded to its modern day record low at 2.29 cents.

Three years ago, when the sweet commodity hit rock bottom, a decline in production caused the volatile commodity to take off to the upside, reaching a peak at 23.90 cents in October 2016. The fundamental equation for sugar shifted from a glut to a deficit which caused the price to more than double in value

12/25 08:42