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Global View Sugar Report – UNICA Report – 20th December 2018

20th December 2018

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

Yesterday it tooked like sugar was trying to reach terminal velocity and escape the bounds of mediocraty and the energy market, which it seems tied to, but by the end of the day we fell back below 12.50, and closed at 12.47, 41 points off the high. Back to reality? Or just following crude again.

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