Raw sugar eased

May white sugar fell $2.70, or 0.49 percent,

SUGAR

Raw sugar eased but remained in its recent trading range. March raw sugar futures fell 0.13 cents, or 0.63 percent, to 20.35 cents per lb.

May white sugar fell $2.70, or 0.49 percent, to$550.80 a tonne, but remained near the week’s high of 556.70 a tonne.

The whites market has been supported this week by growing expectations India will import white sugar later this year as well as fresh demand from Myanmar, seen as a route into China.

Reuters

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