International Sugar Market Report 5th October 2017

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Futures were lower in both New York and London and remain near support areas on the charts. Even professional Sugar traders do not seem sure of what to do, although the fundamental side of the market is not apparently price positive due to ideas of big world production. There were more rains in Brazil production areas through the weekend, and some good rains were reported in southern growing areas. The rains were welcome as it has been hot and dry. Drier weather is expected for the rest of the week and into the weekend.

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