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White sugar surges, rebuilds after setbackMay white sugar futures jumped 4 per cent to a session high of $553 per tonne on investor short covering as the market began to rebuild after a steep setback in prices in the last month. "There's some spec short covering with the dollar we More… |
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White sugar hits record high on strong demandWhite sugar futures hit a record high for a seventh straight trading session on Thursday and dealers predicted further rises through $750 a tonne soon driven by increasing import demand by top consumer India. Raw sugar nudged close to a 29 More… |
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Sugar slides to month low on profit-takingSugar futures slid more than 6 per cent on Friday, to the lowest level in over a month, on heavy profit-taking ahead of a long US holiday weekend after news that India asked mills to double supply. Coffee and cocoa inched up in thin volume More… |
