DJ MARKET TALK: ICE Sugar Edges Higher; Near 20 Cents
Published: 08/31/2010, 2:15:04 PM
DJ MARKET TALK: ICE Sugar Edges Higher; Near 20 Cents 0914 EDT [Dow Jones] - ICE October sugar is slightly higher Tuesday morning as the market continues to chop around 20 cents a pound, holding within recent trading ranges. Global sugar prices are expected to remain firm, in a range of 17 1/2 cents to 20 cents, in the next few months amid small inventories and strong demand, says Switzerland-based consultancy Kingsman S.A. If hot, dry weather persists in Brazil, sugar prices could spike to 25 cents, Kingsman says. Nearby October raw sugar is up 0.13 cent, or 0.66%, to 19.94 cents a pound. (TVS) Contact us at 913-322-5177; tom.sellen@dowjones.com (END) Dow Jones Newswires 08-31-10 0913ET Copyright (c) 2010 Dow Jones & Company, Inc. DJ info: 83742 N/DJCS,N/DJOS,N/OSAG,N/OSCM,N/OSOV,N/OSTR,N/ALMT,N/CMD,N/CMM,N/DJMT,N/DJWI,N/MK ,N/SCD,N/SGR FSN3742 ACOTV COMMENTS FOOD SUGAR 2010-08-31 13:13:57 UTC ^^^^^^