Sugar Little Higher
Sugar futures are trading steady to higher early Monday morning after Friday's decline. October sugar is trading at 11.37, up 0.13 and March Sugar is trading at 12.67, up 010. Some talk about buyers near 1096 has started to show up.
Market talk about demand from major sugar importer China and other economies is making the rounds. Some chatter about U.S. demand and new food labeling has kept trading active. Market chatter about weather in producing nations such as Brazil and Thailand is constant and lingering in the background. Market talk about the worst decline in Chinese equities since 2007 is making the rounds.
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Posted-In: sugarFutures Commodities Markets