Are Sugar Futures Building A Base?

Are Sugar futures building a base? After several months of long liquidation, the Sugar futures market might be ready to stabilize, with trade buying starting to come into the market. This has limited further declines from producer and speculative selling. The 2006-07 marketing year should produce a world surplus of Sugar of between 2 and 4 million metric tons, due to bumper crops in India and Thailand. Read More....