International Sugar Market Report 27th September 2017

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Futures were lower in both New York and London on more forecasts for rains in Brazil production areas. The precipitation is expected by the end of the week, and initially will provide poor coverage. But it is a sign that the rainy season is coming and ideas are that production potential for Brazil can now start to improve. The rains come as the market thinks more and more about La Nina and the potential for drought in pasts of Brazil this year.

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