Raw sugar extends gains on Brazil output


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.

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Raw sugar , Brazil , sugar-cane

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