Wednesday, 4 May 2011
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Sugar Falls on Increased Thai Production, China Inflation; Coffee Declines
Sugar fell in New York and London after production in Thailand, the world's second-largest shipper, increased and on concerns that China may take further steps to contain inflation. Coffee also retreated. Sugar output in Thailand may climb to 9.8 million metric tons this season, according to researcher F.O. Licht. The People's Bank of China said stabilizing prices and managing inflation
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