Raw sugar in New York slips to 5-week low

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Source: Bloomberg
Raw sugar futures traded in New York decreased to its weakest level in five weeks on Wednesday, while its futures traded in London dropped amid speculation that Brazil's new crop will build up inventories of the commodity. May raw sugar futures slipped 0.2% to 17.75 cents a pound on New York's ICE the lowest since February 15, also it has dropped 9% this year.

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