Features International Sugar Journal

Monthly Snapshot September [Registered]

Market Overview Sugar prices have lost 33% since the beginning of the year as markets expect a surplus of supply over the 2017-2018 season. Raw sugar futures for October delivery rose on 21st August 13.51 cents a pound, lifted by what can be said as highly questionable analysis among price makers that fundamentals are supportive. Further, signs that funds may be taking a breather from short-selling added to the relatively sanguine spirit. In the previous week, hedge funds hiked their net short by 32,000 lots, the most in nine months, to take it to a record 117,762 contracts, driven by…

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