US MIDDAY: sugar moves up

16 Jan, 2009

Raw sugar futures on ICE Futures US at 1324 GMT. March raw sugar contract gained 0.13 cent to 11.56 cents per lb. Trading from 11.52 to 11.68 cents. Volume at 7,404 lots. Market pushes up on short-covering, but stuck in a band from 11 to 12 cents, said dealers.

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