date:Aug 10, 2015
Sugar futures rebounded from six-year lows, even amid warnings that market gloom is not over yet, with weakness in the Brazilian real seen likely to provide little respite for prices.
Raw sugar futures for October, which closed the last session at the lowest for a spot contract since late 2008, soared 2.4% to 10.96 cents a pound in early deals in New York on Friday.
London white sugar for October gained 1.5% to $348.80 a tonne.
However, many commentators expressed doubts that the gains repres