Raw sugar futures settled slightly higher Tuesday on trade and consumer buying as the market recovered after easing recently to a three-week low, brokers said. The New York Board of Trade's March raw sugar contract gained 0.03 cent to close at 8.55 cents a lb., dealing from 8.52 to 8.65 cents.
On Monday, the contract ended at 8.52 cents in the lowest finish for the contract since ending at 8.48 cents on December 16.May sugar also gained 0.03 cent to 8.89 cents. Except for two contracts, the rest settled unchanged.
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