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Sugar Prices are the Lowest in a Decade, but haven’t Hit Bottom Yet
date:Aug 27, 2018
tures fund ACXIX, +0.00%

Strength in the U.S. dollar DXY, -0.57% has also contributed to the drop in sugar prices, as well as an overall decline in the Bloomberg Commodity Index, which has lost roughly 5.2% this year as of Wednesday. A stronger U.S. dollar versus the [Brazilian] real USDBRL, -0.7610% and [Indian] rupee USDINR, -0.5012% increases Brazilian and Indian producers profits in their local currency, perhaps spurring them to increase production, says Jeff Klearman, portfolio manager a

12/25 12:24