NY March Sugar is trading lower over night. March Sugar is trading at 15.01, down.16. May Sugar is trading at 15.30, down 0.16.
Chatter about excess supplies and soft global demand along with weak energy continue to exert downward pressure on Sugar prices. The strong U.S. dollar and weakness in the crude oil market has created a general selling situation.
Chatter that Indian officials making it easier for exports is making the rounds.
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