date:Jun 08, 2015
gains made by the weak U.S. dollar.
The market remains well-supplied, and that continues to weigh, said Hamish Smith, commodity analyst with Capital Economics, referring to raw sugar prices which hit their lowest in more than six years last week.
July raw sugar on ICE closed up 0.07 cent, or 0.6 percent, at 12.12 cents a lb.
August white sugar ended up $1.40, or 0.4 percent, at $351.50 per tonne.
Arabica, supported by the weak greenback, continued to bounce up from last weeks lowest level since