DJ Market Summary
Published: 07/24/2012, 9:22:38 PM
DJ MARKET TALK: 'Stalemate' for Raw-Sugar Futures 9:26 EDT - The raw-sugar market is a "stalemate for now," says Newedge's Michael McDougall, with the excessive rain in Brazil's cane-growing region on one side against a shaky macroeconomic picture. Sees range of 22.50-25.50c/lb. October-delivery sugar on ICE trades 0.1% lower at 23.86c/lb, up from an intraday low of 23.60c/lb.