World sugar futures retrace losses from Monday’s trading
Again finding support near its 20-day average, Mar-21 #11 raw world sugar rallied Tuesday and Wednesday to match last Friday’s close at a five-week high.
Most-active Dec-20 #5 white sugar remains in the upper end of its four-month range. In the last two weeks, the contract traded sideways between its 20-day average near 363.05 and the upper Bollinger Band near 381.05.
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