International Sugar Market Report 25 January 2018

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Futures were lower yesterday and closed near recent and contract lows. The market is still fighting ideas of big supplies in the world. Brazil is considering the end of import tarriffs on US etanol and this has triggered selling in Sugar as more cane can now be processed into sweetener. The move comes as Ethanol prices in Brazil are very high, so an immediate increase in Sugar production at the expense of Ethanl is not likely.

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