Brazil, the world's largest sugar-producing country, sees a decrease in sugarcane production, causing the price of raw sugar to stop falling and start rising again.
Zhixin Finance APP learned that due to concerns about the decrease in sugarcane production in Brazil, the world's largest sugar-producing country, raw sugar futures rose for the first time in four days. As of the time of publication, the price of raw sugar rose by 1.2% to 16.20 cents per pound. In the London market, the price of white sugar rose by 1.6%.
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