International Sugar Market Report 25th Nov 2019

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Both markets closed higher for the week despite lower prices on Friday. Overall charts trends are trying to turn up for the medium term in New York but are sideways in London. Reports indicate that little is on offer from India. Thailand might also have less this year due to reduced planted area and erratic rains during the monsoon season. There is still more than enough Sugar for any demand and that India will have to sell sooner or later. Reports from India indicate that the country is seeing relatively good growing conditions

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