Mon 17 September 2012, 14:45 EDT – Raw-sugar futures edged higher after playing both sides of unchanged in intraday trade as the market struggles with conflicting fundamentals and technical signals. “Sugar is at a critical inflexion point,” says Sarhan Capital’s Adam Sarhan. A global glut of the sweetener is pressuring prices, but concerns over output in second-largest producer India are supportive. “We do not have any desire to participate in this market until a clear trend emerges,” Sarhan says. ICE sugar for October delivery settled 0.6% higher at 20.03c/lb. (firstname.lastname@example.org) [ 09-17-12 1446ET ]
http://www.50parkcapital.com/wp-content/uploads/2016/05/50-capital-park-logo9.png 0 0 email@example.com http://www.50parkcapital.com/wp-content/uploads/2016/05/50-capital-park-logo9.png firstname.lastname@example.org 16:24:192012-09-20 16:29:11Adam Sarhan Dow Jones Newswires Quote: MARKET TALK: Raw Sugar Remains Near Key Level of 20c/Lb.
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