date:Nov 11, 2015
sugar market would have the first statistical deficit this year, with current production falling short of demand by 3.5 million tons. The London-based sugar-industry group didnt see a shortage of sugar around the world thanks to stockpiles built up from a four-year oversupply since 2011.
We have seen the longest bear market in sugar for quite some time, said Michael McDougall, director of commodities for Socit Gnrale in New York. Its like a large ship that takes a lot to turn. But it looks lik