July NY world sugar #11 (SBN26) on Tuesday closed up +0.14 (+1.02%), and Aug London ICE white sugar #5 (SWQ26) closed up +7.50 (+1.70%).
Sugar prices erased early losses on Tuesday and settled higher on concerns over India's sugar crop. Short covering emerged in sugar after India's Meteorological Department reported that India's ****** ulative monsoon rainfall was 32% below normal as of June 15. India's monsoon season runs from June through September.
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