May NY Raw Sugar delivery peaks to the highest amid coronavirus

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May raw sugar deliveries have touched the highest peak of all deliveries. According to reports the expiry of contract SBK20 reached 44,449 lots summing to around 2.26 million tonnes. Sugar prices recovered with a quick pace for a second straight day with strengthening demand for fuel in Brazil. Reports exhibited that COFCO was the largest deliverer with the entire volume coming from Brazil, whereas the top receiver was Louis Dreyfus.

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