Markets

Raw sugar futures hit 2-month low as funds sell

Published November 22, 2016 Updated November 22, 2016 05:29pm

1 min

By Fawad Maqsood

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LONDON: Raw sugar futures fell to a two-month low on Tuesday as funds liquidated long positions, with the market's recent downtrend beginning to gather pace.

March raws was off 0.36 cents, or 1.8 percent, at 19.99 cents a lb at 1440 GMT, after touching a low of 19.94 cents, the weakest for the first position since Sept. 12.

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