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Monday, December 05, 2005

Sugar Bulls Have It Sweet

Sugar continues to rise, after breaking through 10-year highs fueled by local and speculative buying. There was a little profit-taking and some light commercial selling during the session, but not enough to slow this bull market. The Domino sugar refinery near New Orleans, which sustained heavy damage from Hurricane Katrina, plans to reopen Dec. 12, the Associated Press reported. Read More....