Raw sugar futures levels in ICE Futures US at 1245 GMT. July sugar contract dropped 0.38 cent to 12.92 cents per lb. Range at 12.87 to 13.36 cents. July contract volume at 41,550 lots. Investment fund profit-taking hits sugar after week of steady advances, dealers said.
Open interest in May contract at 98,824 lots from previous 104,735 lots. Positions in the contract undergoing liquidation before May expires on April 30.