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Monday, November 20, 2006

Sugar Consolidation Continues

Sugar consolidation continues: The past two months have seen Sugar futures stuck in a narrow 2-cent range, as a bearish supply surplus expected in 2007 has been countered by increasing demand for cane-based Ethanol. Current estimates call for a Sugar surplus of between 4 and 6 million metric tons for the 2006-07 marketing season. Read More.....