DJ MARKET TALK: ICE Sugar Slides; Traders Eye Incoming Supplies
Published: 03/03/2010, 7:15:12 PM
DJ MARKET TALK: ICE Sugar Slides; Traders Eye Incoming Supplies 1413 EST [Dow Jones] - ICE world raw sugar futures settled near intraday lows as selling at highs cut the midday gains made in tandem with stronger crude prices. May sugar settled 59 points lower, or 2.67%, at 22.05 cents a pound, off the 21.93-cent low. Analysts say sugar traders are looking to weather conditions in Brazil for cues about the incoming harvest. Liffe May sugar settled up 90 cents, or 0.1%, at $619.50 a ton. (HEH) Contact us in Chicago at 312-750-4075; holly.henschen@dowjones.com (END) Dow Jones Newswires 03-03-10 1414ET Copyright (c) 2010 Dow Jones & Company, Inc. DJ info: 61025 N/DJCS,N/DJOS,N/OSAG,N/OSCM,N/OSTR,N/ALMT,N/CMD,N/CMM,N/DJMT,N/DJWI,N/MKT,N/SCD N/SGR FSN46311 ACTV COMMENTS FOOD GENERAL SUGAR 2010-03-03 19:14:46 UTC ^^^^^^