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Thursday, May 04, 2006

Sugar Sinks: A Speculative Sell-Off Hit The Sugar Ring This Morning

Sugar sinks: A speculative sell-off hit the Sugar ring this morning, as sharply lower Crude Oil prices spilled over into Sugar. The July contract gapped lower on the opening, on spill-over selling from London. Sell stops were triggered once July broke below the 20-day moving average at 17.35. Read More....