Raw sugar futures for March delivery rose as much as 1.3% to 15.48 cents a pound, the highest in more than a month, before paring gains in New York
NEW YORK: SUGAR headed for the highest annual gain in four years as demand improves and global supply tightens.
Key buyers Indonesia and China are ramping up imports of sugar at a time when the market also is contending with a lower crop outlook in Thailand and dry weather concerns in top shipper Brazil.
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