Wednesday, 27 April 2011
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Sugar Drops as Thailand Expects Output Surge; Cocoa, Coffee Fall
Sugar fell for a third straight day after Thailand, the world's biggest exporter after Brazil, said shipments will rise more than forecast to a record. Coffee and cocoa also declined. Thailand's Office of the Cane & Sugar Board said today that production will increase 37 percent to 9.47 million metric tons because rainfall has improved yields. Before today, raw-sugar futures plunged 36 percent
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