Sugar trend has changed at the beginning of a new trading week. At New York Exchange sugar contract has added 0.1 percent, having amounted to 19.78 cents/pound (436 dollars per ton).
At FORTS sugar contract has closed at 14.5 points, having lost 0.753 percent. Trading volume has amounted to 771 contract. At London Exchange the price for raw sugar to be supplied in October has amounted to 566.40 dollars per ton.
It is yet hard to predict the flow of events at sugar market this week. Experts have different opinions: out of 10 experts, 4 are expecting a rapid increase, another 4 – a decline.
The chart below, courtesy of , reflects the current state of affairs in the market of sugar:
