| PM markets: sugar futures surge to 4-year high | |
| Sugar and coffee futures soared, as the currency of top grower Brazil rallied, while wheat prices slumped as the market remains glutted, with fresh US stocks data out on Thursday.
Raw sugar futures shot up more than 6%, fuelled as strength in the real out of its previous trading range, to its highest level in four years. Raw sugar prices are now on track to close the quarter up 36%. |
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