China Nov sugar imports down 48.0 pct y/y at 140,000 tonnes – customs
China imported 140,000 tonnes of sugar in November, down 48 percent from a year ago, as firmer global prices hurt purchases, customs data showed on Wednesday.
China, the world's largest sugar consumer, has been buying less from overseas markets as global supplies tighten. Benchmark prices shot to nearly 24 cents a pound in early October, more than double the levels in the third quarter of 2015,…
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