International Sugar Market Report 14th March 2017

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Futures were higher on what appeared to be speculative short covering to finish the week Chart trends remain down longer term, but futures are now at some important support areas on the weekly charts and these levels could hold for now. Futures have been under selling pressure since Mexico said it would not export some Sugar to the US due to a dispute with the US Commerce Department. That means more Sugar could be available to the world market in the short term. Mexico and the US are now in talks to resolve the dispute.

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