date:Aug 14, 2014
s traders focused on strong Brazilian output over the first four months of the 2014/15 season. A senior London-based broker said high Brazilian yields had triggered the selling pressure. Benchmark ICE October raw sugar futures settled down 0.03 cent, or 0.2 percent, at 16.02 cents a lb, near the six-month low at 15.97 cents touched earlier in the session.
The contract low of 15.72 cents per lb posted back in January is the support level after 15.92 and a breakdown through this may increase sho