date:Jan 29, 2013
Sugar rebounded in London and New York on speculation supplies from top producer Brazil are tighter than initially anticipated just as speculators bets on lower prices climbed to a record. Coffee fell and cocoa gained.
Raw sugar from Brazil was offered for sale at the same price as the March futures on ICE Futures U.S., while buyers were looking to get a discount of 0.1 cent to the exchange price, according to Green Pool Commodity Specialists Pty. The discount narrowed 0.3 cent a pound from a w