NEW YORK, Might 7 (Reuters) – Speculators reduce their internet lengthy positions in uncooked sugar and cotton futures on ICE within the week to Might 4, and switched from lengthy to quick place in cocoa, knowledge from the U.S. Commodity Futures Buying and selling Fee confirmed on Friday.
Cash managers and hedge funds lowered their bullish bets in uncooked sugar by 10,128 contracts for the interval, bringing their internet lengthy place within the sweetener to 180,286 contracts.
(Reporting by Marcelo Teixeira; Enhancing by Leslie Adler)
((marcelo.teixeira@tr.com; +1 332 220 8062; Reuters Messaging: marcelo.teixeira.thomsonreuters.com@reuters.internet – https://twitter.com/tx_marcelo))
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