International Sugar Market Report 05 Nov 2018

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New York and London both closed mixed to lower as the US Dollar fell sharply and the Brazilian Real moved higher. An early rally attempt could not be sustained as the market has already moved a lot higher from the lows and many speculators think the rally has gone far enough. The fundamentals of the market have been changing, so the ability of prices to move much lower at this time might be limited. Ideas

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