The outer sugar futures closed higher Burma imported or smuggled factors

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Industry News

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2018-08-240 10:04

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[Abstract]：

OvernightoutsidetheplateNewYorkrawsugarfuturesroseonWednesday,Myanmardemandtobringsupport.Final(ICE)mainMayrawsugarcontractclosedup0.06cents,or0.3%,tocloseat20.43centsperpound.Atradersaidtherawsugarha

Overnight outside the plate New York raw sugar futures rose on Wednesday, Myanmar demand to bring support. Final (ICE) main May raw sugar contract closed up 0.06 cents, or 0.3%, to close at 20.43 cents per pound.

A trader said the raw sugar has been driven by the sugar market rally, the past few days, sugar premium rose sharply. Support factors include Myanmar demand rumors, as well as India in the second half of this year's import prospects. Its import situation in accordance with India to adjust the position, but there is no new news. It was also argued that the activities of smuggling sugar through Myanmar began again.

London LIFFE main May May sugar futures closed up $ 4.70, or 0.9%, to close at $ 553.50 a tonne.

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Notice about the adjustment of the designated warehouse for yellow soybean No. 1, corn, soybean meal, soybean oil and egg variet

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