Market Overview

Sugar Little Changed

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N.Y. Sugar futures are trading a little lower Tuesday morning.

July Sugar is trading at 12.25, down 0.06. October Sugar is trading at 12.60 , down 0.06.

Chatter that positioning before the end of the month may lead to choppy trading and possible wide ranges during the week is making the rounds. Some market talk about currency values and potential increased Brazilian exports has led to some selling on rallies.

Chatter that International Sugar Organization is forecasting the a global supply deficit has kept buyers active on declines.

Posted-In: sugarFutures Commodities Markets

 

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