Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Commodities  >  London Sugar       

LONDON SUGAR
Mes dernières consult.
Most popular
End-of-day quote. End-of-day quote  - 11/21
387   -0.39%
11/21DJCotton Reverses Course to End Lower
11/20DJSugar Pulls Back From Five-Month High Amid Supply Concerns
11/16DJCocoa Futures Pare Gains
SummaryChartsNewsAnalysis 
News SummaryAll newsTweets

Cocoa Futures End Higher; Cotton Erases Losses

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/10/2017 | 11:24pm CET
   By Julie Wernau 
 

Cocoa futures resumed their upward trend on Friday as technical traders eye another leg up next week.

Cocoa ended up 1.2% at $2,212 a ton in the March contract on the ICE Futures U.S. exchange.

Sucden Financial said despite Thursday's soft session, technical indicators favor the upside for cocoa. The firm said a close above $2,200 would set the contract up to challenge $2,240 early next week.

In other markets, cotton futures closed higher, erasing Thursday's losses from a bearish report from the U.S. Department of Agriculture regarding cotton supply and demand.

"Growers should remain poised and ready to take advantage of unexpected rallies, and protect themselves from sudden selloffs," said John Robinson at Texas A&M University.

Mr. Robinson says he thinks it will be difficult to see cotton rally to 70 cents.

Cotton for December rose 1.1% to 69.05 cents a pound, March raw sugar ended up 0.5% at 14.96 cents a pound, frozen concentrated orange juice for January was up 1.1% at $1.626 a pound.

Write to Julie Wernau at [email protected]

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on LONDON SUGAR
11/21DJCotton Reverses Course to End Lower
11/20DJSugar Pulls Back From Five-Month High Amid Supply Concerns
11/16DJCocoa Futures Pare Gains
11/15DJOrange Juice Attempts To Break Higher
11/15DJNestle Will Move Infant Nutrition Unit to Regionally Managed Business -- Upda..
11/15DJNestle Will Move Infant Nutrition Unit to Regionally Managed Business
11/14DJSugar Bulls Move Back In, Lifting Contract to 6-Month High
11/10DJCocoa Futures End Higher; Cotton Erases Losses
11/09DJCotton Futures End Lower After USDA Boosts Production Estimate
11/08DJCoffee Futures Steady; Cocoa Higher
More news
Chart LONDON SUGAR
Duration : Period :
London Sugar Technical Analysis Chart | 4-Traders
Technical analysis trends LONDON SUGAR
Short TermMid-TermLong Term
TrendsBullishBearishBearish