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Bloomberg - Sugar Gains in New York on Lower Supply From Brazil; Cocoa Rises

By: Hector GalvanDecember 15th, 2011 1:11PM CST

“Brazil may be down in their southern region in regards to sugar production, which is helping to support prices,” said Hector Galvan, a senior commodities broker at RJO Futures in Chicago. “The sugar market is looking for direction on any piece of news that’ll send it higher again.” Read the full article at Bloomberg.com.

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Hector Galvan
Senior Commodities Broker

After earning a bachelor's degree from the University of Illinois at Urbana-Champaign, Hector was encouraged by a relative at the Chicago Board of Trade to get involved in futures. Prior to RJO Futures, he was a broker at Lind-Waldock from 2002-2004. He is experienced in short-, medium- and long-term chart analysis, and uses his knowledge in moving averages, oscillators, market sentiments, money management, and pivot profits to assist clients. His advisory background includes Hightower, Helms, G.... Read More

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