• While raws held their own, whites were absolutely hammered last week
• Raws had their own issues, with doubts circulating re India's raws imports
• India's govt released 1.3 mln mt quota for FH Sept - the largest this year
• London whites fell sharply, 2 weeks ahead of the Oct expiry - Oct down $37.2/t
• COT - funds/specs ramped up net long, [...]
• While raws held their own, whites were absolutely hammered last week
• Raws had their own issues, with doubts circulating re India's raws imports
• India's govt released 1.3 mln mt quota for FH Sept - the largest this year
• London whites fell sharply, 2 weeks ahead of the Oct expiry - Oct down $37.2/t
• COT - funds/specs ramped up net long, as did index funds, while producers sold
• Global financial markets rebounded, oil fell 4.2%, Brazil's real weakened
• Domestic sugar prices in Russia/India fell sharply
• EU - the EC cut sugar prod'n estimates for 26/27, well below last year
• Week Ahead - India - govts & markets, Whites markets factors, weather outlook