date:Nov 11, 2015
own 3.3% Monday at 13.99 cents a pound on ICE.
Were seeing a new array of traders entering the sugar market, lured by its growing size and heightened volatility, said Jeff Dobrydney, vice president at Jenkins Sugar Group, a sugar broker in Norwalk, Conn. Investors are taking advantage of a market thats actually moving.
Sugar began to garner attention from traders early this year, as declines in Brazils currency, the real, sent sugar prices down. Since Brazil accounts for more than 40% of raw su