ICE sugar eases within range
Published: 02/16/2017, 4:21:45 PM
ICE raw sugar eased but remained in its recent trading range. March raw sugar futures fell 0.13 cents, or 0.63%, to 20.35 cents per lb, according to Reuters.
May white sugar fell US$2.70, or 0.49%, to US$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.