Sugar prices hit three-decade highs of almost 36 cent a pound Wednesday due to the anticipated effects of the monstrous category 5 cyclone that just hit Australia, the world’s third-largest sugar producer, which was already suffering from the effects of recent storms and floods.

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Sugar Prices Hit Three-Decade High on Australia’s Heavy Weather originally appeared on DailyFinance on Wed, 02 Feb 2011 16:31:00.

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