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QSL Market Update

Monday, 09 April 2018

AUD/mt prices remain range bound, with 2018 prices bouncing around $380 and 2019 hovering around $420.

The prospects for any sort of recovery appear to lie in the hands of the currency at the moment, with the sugar market seemingly more bearish by the day.

The sugar price will need to stay low for long enough to generate a supply response and so any sort of rally in prices will be jumped on by heavily underpriced producers worldwide.

The mantra remains to sell any rallies and sell them in size.

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