Benchmark white sugar futures in London are rebounding after a prolonged slump as the war in Iran disrupts flows from a major refining hub, prompting increased sales from non-Middle Eastern producers.
- War in Iran is disrupting sugar flows from a major refining hub
- Global sugar prices are rebounding after a prolonged slump
- Benchmark white sugar futures in London are trading near pandemic levels
- Increased sales from non-Middle Eastern producers
- Supply shock is affecting the commodities market
- Agricultural sectors outside the Middle East may see new opportunities
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