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Sugar Prices Surge on Scant Monsoon Rains in India
July NY world sugar #11 (SBN26) on Friday closed up +0.43 (+3.17%), and Aug London ICE white sugar #5 (SWQ26) closed up +19.30 (+4.34%).Sugar prices rallied sharply on Friday, with NY sugar climbing to a 2-week high and London sugar jumping to a 2.75-month high. Sugar prices are soaring amid concer…