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Middle East Sugar Refining Boom Spurs Rare Delivery to ICE

The expansion in Middle East sugar refining is encouraging the region’s producers to sell through the London exchange for the first time in almost a decade. Al Khaleej Sugar Co. delivered at least 200,000 metric tons of white sweetener to ICE Futures Europe on Friday to settle the expired March contract, according to two people familiar with the deal, who asked not to be identified because the…
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