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London sugar futures ended higher on Friday after an afternoon trading session that was severely marred by technical hitches at the Liffe exchange, dealers said.
However, despite the problems, a more supportive New York market and speculative and trade buying in the wake of Indonesia's latest tender purchase helped the benchmark May contract break nearby resistance and the key psychological $200.00 level, they added.
But in the end, front-month May closed $2.10 up at $199.50 after trading a $197.40-200.50 range on 1,769 lots from total turnover of 2,692.
Technical analysts had earlier pegged nearby resistance at $199.00.

Copyright Reuters, 2004

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