date:Aug 10, 2015
ented more than a pause in a market decline which has taken New York futures down 25% so far this year.
This looks to me like end-of-week profit-taking on short positions, a London analyst told Agrimoney.com.
There was some talk, the analyst added, that official data due later on hedge fund positions will show a large expansion in the net short in raw sugar futures and options.
If people think the short has got too crowded, that could spur some upward pressure on prices as the short is reduce