Sugar Futures Little Changed
May New York Sugar is trading at 18.03, up 0.03 cents/lb.
July New York Sugar is trading at 18.06, up 0.04 cents/lb.
New York Sugar futures are trading just above the session lows after Thursday's back and forth trading day.
China's government reduced 2016-2017 sugar production to 9.7 million tonnes versus the 9.9 million tonnes estimate in February. China left sugar consumption unchanged at 15.0 million tonnes.
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Posted-In: Sugar futuresFutures Commodities Markets