Business & Finance
Raw Sugar Heads for Weekly Rise With India Imports in Focus
Key Points
Raw Sugar Heads for Weekly Rise With India Imports in Focus Raw sugar futures headed for a weekly gain, capping a volatile week as traders looked for signals on the scale and timing of potential imports by India, the world’s second-largest grower. The most-active contract rose as much as 1.3%, putting futures on track for a small weekly increase. The market has been closely watching the pace of Indian purchases and for any indication that the government could allow additional imports.
Raw Sugar Heads for Weekly Rise With India Imports in Focus
Raw sugar futures headed for a weekly gain, capping a volatile week as traders looked for signals on the scale and timing of potential imports by India, the world’s second-largest grower.
The most-active contract rose as much as 1.3%, putting futures on track for a small weekly increase. The market has been closely watching the pace of Indian purchases and for any indication that the government could allow additional imports.