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Global View Sugar Flash – UNICA’s latest data – 24th October 2019

By Michael McDougall

24th October 2019

Daily technical analysis of the global sugar markets from Mike McDougall, Managing Director of Paragon Global Markets.

UNICA numbers were in line for the most part except the mix was higher than most expected. The mix range according to Bloomberg was 32.33-34.18% The actual number was 34.65%. A big jump over last year’s 32.30% That pumped up sugar production above expectation as well, but so far no negative reaction from the market.

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