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QSL Weekly Market Update

Monday, 04 December 2017

With the Aussie Dollar sticky and sugar drifting lower, AUD/metric tonne values lost a little ground last week.

Overall sugar trading conditions have been very quiet, with moves happening on light trading volumes.

Expect to see sugar continue to trade in its current range either side of 15 cents in the short term.

The USD should continue to grind higher, pushing the AUD lower.

The RBA looks unlikely to change its tune this week, but local trade, GDP and retail sales data may move the needle a bit.

To read our full Weekly Market Update, please click here.