International Sugar Market Report 05th June 2020

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New York and London closed higher despite a weakening Real and due in part to stronger petroleum prices. Prices in petroleum futures remained generally firm in the last week but still have a long way to go before Ethanol processing becomes profitable again. Trends are now up in [petroleum markets as the world slowly opens up after the Coronavirus pandemic. The Brazil mills are trying to cover the lack of White Sugar in the market

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