Speculators cut bearish sugar bets

Published: 07/31/2017, 8:14:37 AM

Speculators cut a record bearish bet in sugar in the week to July 25, futures and options on ICE Futures U.S., U.S. government data showed on Friday, according to Reuters.

Speculators dialed back a net short position in ICE sugar by 10,336 contracts to 97,280 contracts, the data showed.