Friday, August 24, 2012

NY sugar hits 11-week low, near bear market; cocoa, coffee up

Aug 24 (Reuters) - Raw sugar futures on ICE dropped to
11-week lows on Friday and were teetering on the brink of a bear
market after Unica data showing the quickening pace of Brazil's
harvest reinforced concerns about the growing market surplus.
Coffee and cocoa were both higher as they recovered from
recent pressure.

2:24 PM SETTLE NET PCT LOW HIGH CURRENT
CHNG CHNG VOL
Sugar OCT 19.58 0.13 0.7% 19.4

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