DJ MARKET TALK: Liffe Sugar Rises After Looking Oversold
Published: 03/18/2010, 11:30:03 AM
DJ MARKET TALK: Liffe Sugar Rises After Looking Oversold 1128 GMT [Dow Jones] Liffe white sugar futures gap higher in a bounce after looking oversold, says Sucden. "But one should not expect an easy passage on the upside, and further consolidation would not go amiss," says Sucden. May +$8.10, or 1.6%, at $529.60/ton. New York's most-active raw sugar futures +49 points, or 2.7%, at 18.82 cents a pound. (SMC) Call us in London: 44 20 7842 9415 E-mail: londonsofts@dowjones.com (END) Dow Jones Newswires 03-18-10 0728ET Copyright (c) 2010 Dow Jones & Company, Inc. DJ info: N/DJCS,N/DJOS,N/OSAG,N/OSCM,N/OSTR,N/ALMT,N/ANL,N/CMD,N/DJMT,N/DJWI,N/SCD,N/SGR N/STK FSN32362 ACTV FINANCIAL FOOD GENERAL STOCKS SUGAR 2010-03-18 11:28:30 UTC ^^^^^^