Sugar Little Higher
New York sugar futures are trading a little higher Monday morning. October Sugar is trading at 12.48, up 0.07.
Market chatter about Brazil's Sugar production and shifts from sugar to ethanol production has been making the rounds. Market talk about global growth and currency values has kept buyers and sellers active overnight. Market talk about the El Nino effect on Thailand's Sugar production is making the rounds.
Generally large supplies has sellers active on rallies.
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