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In September 2018, the price of sugar traded to its lowest price since 2008 when it slipped to a low at 9.83 cents per pound. Before August of last year, the sweet commodity that trades on the Intercontinental Exchange had not traded below 10 cents per pound in over a decade since June 2008. Abundant supplies of sugar and a weak currency in the nation that produces and exports the most sugarcane in the world combined in what was an ideal bearish storm for the sugar futures market. After trading to a high at 23.90