International Sugar Market Report 31st July 2017

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Futures in London and New York were higher on follow through speculative buying. It still looks like the market has found a bottom, but how high prices can go is a a good question. So far the market has been unable to break out of the trading range in any significant way. Bearish traders are looking at increasing supplies coming to the market, while bullish traders hope for improved demand and also think that the situation is a little tight in the short-term.

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