Finally – some life coming out of sugar! It hit a one-year high this morning. The cause? Strong biofuel demand, and speculators (readers?) as well.
Is this sugar’s run, part 2? Maybe, we’ll see how far it goes. I’m convinced it has at least one more run up to 20 cents and higher in it. I will continue to pyramid my positions up on further strength, though not too aggressively, since I own a significant amount already.
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