(Bloomberg) -- Sugar in New York fell to a two-year
low as rising supplies from Brazil and India, the world's
largest producers, expand a global surplus.
India, which historically exports refined, white sugar,
soon will ship raw sugar. Indian Sugar Exim Corp., an industry-
funded trading company, recently won a contract to ship 200,000
tons to Dubai, United Arab Emirates-based Al Khaleej Sugar,
Asia's largest refiner. Brazil's exports of raw and refined
sugar rose to 1.33 million metric tons in May from 608,900 tons
in the same month last year, the trade ministry said June 1.
Read more at Bloomberg Commodities News
low as rising supplies from Brazil and India, the world's
largest producers, expand a global surplus.
India, which historically exports refined, white sugar,
soon will ship raw sugar. Indian Sugar Exim Corp., an industry-
funded trading company, recently won a contract to ship 200,000
tons to Dubai, United Arab Emirates-based Al Khaleej Sugar,
Asia's largest refiner. Brazil's exports of raw and refined
sugar rose to 1.33 million metric tons in May from 608,900 tons
in the same month last year, the trade ministry said June 1.
Read more at Bloomberg Commodities News
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