International Sugar Market Report 15th March 2017

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Futures were mixed in New York, but higher in London on what appeared to be speculative short covering 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. Mexico and the US are now in talks to resolve a dispute about Mexican Sugar imported to the US. Mexico could be forced to sell its Sugar on the open market if the talks are not successful, but both sides hope for a good outcome.

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