DJ MARKET TALK: Liffe Sugar In Black, Fundamentals Don't Favor Bulls
Published: 02/08/2012, 1:00:02 PM
DJ MARKET TALK: Liffe Sugar In Black, Fundamentals Don't Favor Bulls 1256 GMT [Dow Jones] Liffe white sugar futures are still in positive territory, helped by a weaker dollar, but Sucden Financial says fundamentals don't seem to have a happy ending for bulls at present. The brokerage adds there is little recent news that will inspire a trend reversal from sideways, noting Indian exports and Chinese stockpiling. March trades up $0.50, or 0.1%, at $647.40/ton. (michael.haddon@dowjones.com) Call us in London: 44 20 7842 9415 E-mail: londonsofts@dowjones.com (END) Dow Jones Newswires February 08, 2012 07:56 ET (12:56 GMT) Copyright (c) 2012 Dow Jones & Company, Inc. 020812 12:56 -- GMT ------ Service:ODJ/CA CB CS ID:DJC01y3Y20208 Page: FSN:0 Comments General Stocks Sugar M/NND N/ALMT N/ANL N/CMD N/DJAE N/DJCS N/DJG N/DJIR N/DJMT N/DJOS N/DJQB N/DJWI N/DN N/OSAG N/OSCM N/OSTR N/SCD N/SGR N/STK P/PSH R/ASI R/CH R/EU R/FE R/FEO R/F XAS R/II R/PRM 2012-02-08 12:56:37 UTC ^^^^^^