date:Nov 11, 2015
s, triggering massive short covering among traders, with some turning around to bet on gains.
At Briarwood Capital Management, a $30 million New York-based hedge fund, sugar has been a moneymaker for us, said Fred Schutzman, the firms chief executive.
Briarwood was short sugar earlier this year but turned to bet on higher sugar prices on Sept. 22 when its trading models showed a buying signal.
There are fundamental reasons to be bullish.
The International Sugar Organization forecast that the