Tuesday, 05 February 2019
Last week sugar prices were stagnant trading in a tight range. The MAR19 contract closed the week at 12.60c/lb on Friday.
The All India Sugar Trade Association (AISTA) released its first estimate of Indian sugar production, which was as expected at 31.5 - 32.2mmt.
The US Government published the first Commitments of Traders report showing the net short spec position of 63,000 lots
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