Market Overview

Sugar Little Changed

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October sugar is trading at 11.23, down 0.01 and March Sugar is trading at 12.50, up 0.01. Trading is steady and rangebound.

Market chatter about good weather in Brazil for harvest and chatter about currency values is making the rounds. Some talk about end of month positioning later this week has kept both buyers and sellers active. India's Meteorology Department is showing forecasts for good monsoon rainfall coming this week. Rainfall totals are currently 5 percent below average with some rain needed in the sugar-producing regions.

Posted-In: sugarFutures Commodities Markets

 

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