date:Feb 01, 2013
SUGAR
General Comments: Futures closed lower and retreated back into the recent trading range. It looks like the market now is dealing with a failed breakout attempt higher. The fundamental situation still appears negative. Most traders still note that big supplies appear to be available to the market. Most buyers are not worried about prices and are not chasing rally attempts. Most statistical organizations continue to look for a big surplus production for the year.
Production has been strong