Sugar futures decline on the India export prospects

Note: This section contains information in English only.
Source: Forexpros

Sugar futures decreased following India's approval of one additional million tonnes of sugar to be exported in this market season. On the ICE Futures U.S. Exchange, sugar futures for delivery in March were traded at USD0.2395 a pound at the European afternoon trade, losing 0.45% since opening. However, speculation over China's high demand for the commodity backed up prices slightly.

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Tue, 06 Dec 2011 15:03:03 GMT

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