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QSL Market Update

Tuesday, 19 March 2019

The May19 sugar contract traded slightly higher last week, starting at 12.28c/lb on the Monday and then adding small increments throughout the week, closing on its high of 12.52c/lb on Friday. 

The Aussie Dollar was very steady last week, holding above 0.70 cents and trading a range of 0.7044 to 0.7094 for the week. Poor local economic data, slowing global economic growth and the Brexit impasse were the key headlines, but failed to impact the AUD in any significant way. 

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