Raw sugar fell 1.4%, reversing an earlier jump of as much as 1.9% amid technical adjustments and profit taking, StoneX analyst Murilo Aguiar said. Futures have surged lately on prospects for limited exports out of India and concerns about production in other key growers, with Wilmar International Ltd. expecting a deficit for this season.
Raw sugar fell 1.4%, reversing an earlier jump of as much as 1.9% amid technical adjustments and profit taking, StoneX analyst Murilo Aguiar said. Futures have surged lately on prospects for limited exports out of India and concerns about production in other key growers, with Wilmar International Ltd. expecting a deficit for this season. Raw sugar fell 1.4%, reversing an earlier jump of as much as 1.9% amid technical adjustments and profit taking, StoneX analyst Murilo Aguiar said. Futures have surged lately on prospects for limited exports out of India and concerns about production in other key growers, with Wilmar International Ltd. expecting a deficit for this season. Moneycontrol Latest News Read More
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