US MIDDAY: sugar lower

25 Jun, 2011

ICE raw sugar fell further below a recent 2-1/2-month peak early on Friday, on expectations of a 2011/12 global surplus and prospects for more Indian exports. ICE October raw sugar futures were down 0.31 cent, or 1.2 percent, at 25.77 cents a lb at 12:28 pm EDT (1628 GMT). September cocoa on ICE eased $23 to close at $2,964 a tonne.

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