White Sugar Declines in London After India Reports Increase in Production

(Bloomberg) -- White sugar futures declined in London, snapping three days of gains prior to the May 7 public holiday in the U.K., after India reported higher production.

India, the world's second-biggest producer of the sweetener, crushed 39 percent more sugar cane in the seven months ended April due to a record harvest, said Vinay Kumar, managing director of the National Federation of Cooperative Sugar Factories Ltd.


Read more at Bloomberg Commodities News