Raw sugar futures on ICE Futures US at 1346 GMT. March raw sugar contract surged 0.42 cent or 3.6 percent to 12.24 cents per lb. Trading from 11.95 to 12.28 cents. Volume at 16,112 lots. Market rallied on follow-through buying from the post-settlement session Monday, triggering automatic buy orders above 12 cents in the March, said dealers.