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Wednesday, April 19, 2006

Sugar Bulls Flexed Their Muscles Today

Energy rally sweetens Sugar prices: Sugar bulls flexed their muscles today, with speculative buying sending prices to one-week highs. Record high Crude Oil prices have resulted in increased interest in Sugar, as the use of cane ethanol in Brazil and other nations increases. This is the third straight year that the world Sugar market is in a deficit, and higher prices have not curtailed demand. Read More....