date:Apr 07, 2013
or higher-cost producers, as the global market braces for a hefty global surplus amid record production and stagnant demand.
May raw sugar on ICE Futures U.S. settled up 0.17 cent, or 0.97 percent, at 17.67 cents a lb on Thursday, recovering from their lowest levels since July 2010 hit a day earlier. In London, May white sugar on Liffe slid 50 cents, or 0.10 percent, to $504.4 a tonne.
The sugar sector reforms follow changes in other sectors such as steel and cement as well as other measures s