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September 01, 2020 1:29pm
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Record Heat in Thailand Could Push Sugar Prices Higher

Thailand is experiencing record heat, which is affecting the country’s ability to harvest sugar cane amid the severe drought. The country accounts for 5% of global production, so the impact could put a tangible dent in the supply and thereby push prices higher. “Reduced Thai sugar production is bullish for sugar prices,” Barchart confirmed. “Rainfall [...] The post Record Heat in Thailand Could Push Sugar Prices Higher appeared first on ETF Trends .
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