The morning was spent within a tight range on low volumes, quietly consolidating yesterday`s new recent highs. For several hours we were unable to push beyond yesterday`s 13.42 high, however this was achieved during the afternoon in reaction to the Unica numbers which showed lower than anticipated sugar content and more mills closed than at this stage last year. The climb through ongoing producer scales led us to a daily high of 13.49 for March`20 and though progress remains orderly it is aiding the constructive technical with another positive day recorded. The next target for March`20 is the early July high mark of 13.58 with congestion then seen basis former highs through until the June high mark of 13.78.
