date:May 24, 2016
n ICE Futures U.S. in the week to May 17, bringing their net long position to record levels for a third straight week as prices hit fresh 1-1/2-year highs, U.S. government data showed on Friday.
On track to break a four-year losing streak, raw sugar prices are up 12 percent since the end of 2015 on expectations of a global deficit the first in six years as output in two leading growers Thailand and India dropped.
Carlos Mera, senior commodity analyst with Rabobank, said the sugar markets att