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Sugar & Wheat Gain on Weather Concerns, Oil Rises

posted by Avatar commodityblog 527 days ago in Fundamental, Oil, Agriculture made popular 527 days ago

Raw-sugar futures gained today on concerns that drought may threaten harvest in Brazil. While in some countries wheat harvest is also threatened by drought, in Europe wheat faces other danger: excessive rains. Crude oil prices jumped today after manufacturing in the US and China expanded.
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