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ADMISI Sugar Market Morning Comment – 27th May, 2022

By Howard Jenkins

27th May 2022

Daily market comment from the ADMISI Sugar Desk.

NY sugar ended lower yesterday after dropping to its lowest level for eight sessions. London remained firm with the spot month making an new high. The market had gapped lower by 28 points on the opening after chatter that Brazil would cut the ICMS state tax which would cut the cost of gasoline possibly meaning

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