date:Apr 22, 2014
as it hovered near technically oversold territory. The front-month's 14-day relative strength index inched up to 47 from 44. Brazil remained shut after last week's Holy Week, leaving the world's top producer and exporter out of the market.
With about 47,500 contracts changing hands, the day's ICE volumes were a little more than half of the 30-day average. Destination is willing to buy in a scaled-down fashion here, said Phil Pia, a broker with Newedge USA in New York. China's sugar imports to