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Sugar Rises to Seven-Month High

Sugar futures rose for a fifth straight session amid global supply concerns, extending a rally to a seven-month high, reports Bloomberg.

Sweetness in Price of Raw Sugar

Sweetness in Price of Raw Sugar

If there was any commodity guaranteed to provide sweet profits for traders in the second half of 2009 it was sugar. Raw prices have more than doubled since mid-2009 to almost 30 cents per pound at the end of January, their highest level since 1981.

Sugar Prices Poised for ‘Explosive’ Move

Sugar traders should watch out for an “explosive” price change in the next two weeks, according to a technical analysis by LaSalle Futures Group in Chicago.

India Fixes Raw Sugar Prices

India’s decision to fix sugar cane prices nationwide may ease shortages in the world’s biggest sugar-consuming country and smooth fluctuations in annual crops, industry officials said.

Sugar Prices Up and Down

Sugar Prices Up and Down

Raw-sugar futures will drop and refined-sugar contracts may rise, according to a survey. Five out of nine traders, analysts and brokers surveyed last week forecast that raw sugar traded in New York would decline this week.

Sheptor: Raw Sugar Continued Upside Price Risk

Imperial Sugar Company President and CEO John Sheptor has told The Financial Times (FT) that raw sugar prices could move considerably higher with some risks.