NEW YORK: Raw sugar extended gains in New York on concern that dry weather may cause lower output in top producer Brazil, tightening global supplies.
Futures rose as much as 1.9%, to the highest intraday price in a week. Prices have risen 7% since Aug 13 as Brazilian growers have had to contend with drought and wildfires at plantations.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Thank you for your report!
