International Sugar Market Report 20th March 2017

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New York closed mixed and London closed lower. Both markets would probably have closed lower if not for the weakness in the US Dollar. The trade still looks for increased production down the road and just average demand. Chart trends remain down longer term, but futures are trading sideways for now. Market fundamental news has not changed much. Mexico could be forced to sell its Sugar on the open market if the talks to resolve a trade dispute with the US are not successful.

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