Market Overview

Sugar Little Changed

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New York Sugar is trading steady Thursday morning. October Sugar at 10.75, down 0.01 and March Sugar is trading at 12.96, down 0.05.

Market chatter about more export programs for India and the 12-year low for the Brazilian real is making the rounds. Market talk that some production estimates are coming in for Brazil's Center-South growing region of a little over 29.7 million tons of sugar during the 2015/2016 season has been showing up. Ethanol production forecasts are near 27.5 billion liters.

Market chatter about some light buyers near 10.36 and sellers near 10.96 is making the rounds.

Posted-In: sugarFutures Commodities Markets

 

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