Raw sugar futures on ICE Futures US at 1234 GMT. March raw sugar contract fell 0.06 cent to 12.03 cents per lb. Trading from 11.95 to 12.35 cents. Volume at 12,800 lots. Investment fund sales places market under pressure, dealers said.
Thai traders and industry officials said sugar crushing season in the country may be delayed as much as one month due to a fall in world sugar prices. Thai sugar dealers said many consumers are refraining from making new purchases in anticipation of lower prices during the crushing season.