date:Aug 06, 2015
in reais per ton is less volatile. He said the contract could trade as low as 9.5 cents per pound, the lowest in seven years.
Sugar attempted a rally last week, reaching 11.64 cents a pound on Thursday, but failed and closed lower on the week. El Nio weather fears in major growing regions have been largely discounted at this point, as dry weather in Brazil is helping harvests and there are no longer fears of a failed monsoon in major sugar cane growing regions in Asia, Robin Shaw, analyst at Ma