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Why sugar prices have risen nearly 40% so far this year

Sugar prices have climbed by nearly 40% so far this year, on track to mark their best yearly performance in 14 years, with U.S. and global supplies expected to remain tight.

Sugar has been driven higher by “tight supply and demand, both domestically and globally,” said Darin Newsom, Barchart senior market analyst.

Sugar is part of the so-called…

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