Sugar rebounds as bets on lower prices reach record; cocoa rises
date:Jan 29, 2013
after dropping as much as 0.8 percent on Jan. 25. Raw sugar for March delivery was 0.8 percent higher at 18.52 cents a pound in New York. It closed 0.6 percent down in the previous trading session, after falling as much as 1.2 percent.

Large and small speculators excluding index funds boosted their net-short position, or bets on lower prices, by 49 percent in the week ended Jan. 22, the Washington-based commission said in its Commitments of Traders report. Net-short positions were a record 90,
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