Funds enhance lengthy place in cotton, uncooked sugar

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Funds enhance lengthy place in cotton, uncooked sugar


NEW YORK, July 30 (Reuters)Speculators elevated their internet lengthy positions in futures of cotton and uncooked sugar on ICE U.S. within the week to July 27, holding their place on espresso little modified, knowledge from the U.S. Commodity Futures Buying and selling Fee (CFTC) confirmed on Friday.

Cash managers and hedge funds added 18,754 contracts to their bullish bets in sugar to a complete lengthy of 169,913 heaps as frosts in prime producer Brazil appeared to break some sugar cane fields.

(Reporting by Marcelo Teixeira; Enhancing by Leslie Adler)

(([email protected]; +1 332 220 8062; Reuters Messaging: [email protected] – https://twitter.com/tx_marcelo))

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