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Sugar Higher

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Market talk about global economic conditions and Brazil continues. Sugar is trading higher. May Sugar is trading at 13.29, up 0.15. Market talk that good global demand for ethanol is seen as supportive for prices is going around. Some chatter is also emerging about Brazil's ethanol demand and some are worried that if demand is slack in Brazil more sugar will be moved to millers for export on the world markets.

 

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Posted-In: sugarFutures Commodities Markets

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