Sugar price correction 'could be close to ending'

The sugar price correction may be close to running its course, Rabobank analysts said, even as futures in the sweetener set a fresh eight-month low amid a broad commodities liquidation. New York's near-term futures contract, for July delivery, at one point hit 20.50 cents a pound on Thursday, down 40% from a 30-year high hit in February as the sell-off in raw materials continued. However, while

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