International Sugar Market Report 01 Aug 2018

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Futures were lower again in both New York and London. Price action overall is weak and implies that new lows are coming. New York made a new low for the move yesterday, but London held just above levels for new lows for the move. London could make new lows today or tomorrow. Ideas of big world production are keeping the market tone weak Dry conditions continue in Brazil, the EU, and Russia.

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