Wednesday, 13 December 2017
AUD/mt values lost ground last week and it looks like the market may test the bottom of the range again.
The market remains in the hands of the speculators, with little fundamental news to drive it.
Overall sugar trading conditions will remain very quiet as we head into the festive season, with moves happening on light trading volumes. We expect to see sugar trade in the 13-15 cent range in the short term.