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Raw sugar eased

SUGAR

Raw sugar eased but remained in its recent trading range. March raw sugar futures fell 0.13 cents, or 0.63 percent, to 20.35 cents per lb.

May white sugar fell $2.70, or 0.49 percent, to$550.80 a tonne, but remained near the week’s high of 556.70 a tonne.

The whites market has been supported this week by growing expectations India will import white sugar later this year as well as fresh demand from Myanmar, seen as a route into China.

Reuters

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