date:Sep 15, 2015
undermined expectations for Indian output.
The rise in prices also continues to fly in the face of a still-weak real, said Tobin Gorey at Commonwealth Bank of Australia
Hedge funds slashed short bets in the sweetener, turning net long in New York raw sugar futures and options this for only the third week in a year.
Investors are culling short positions, Mr Gorey said, noting, on paper, that there is still plenty of buying that investors might do, so the market still has some impetus for hig