Sunday, 22 May 2011
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Sugar Price May Extend Gain Next Week as Brazil Output Slows, Survey Shows
Sugar may rise next week on signs that output is dropping in Brazil, the world's biggest grower. Seven of 11 traders, analysts and brokers surveyed by Bloomberg News said that raw sugar traded in New York probably will advance. Two forecast a loss, and two said prices would be little changed. Before today, futures for July delivery gained 1.7 percent this week, closing yesterday at 21.82 cents a
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