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US agribusiness Archer Daniels Midland Co has shut its small physical sugar trading operation in London due to tight margins, reported Reuters and Bloomberg.… Login to continue
Tagged: Archer Daniels Midland, sugar trading
Market Overview Raw sugar futures on ICE rose to a 4-1/2 year high on 16th August to US¢20.05/lb. Dealers said diminished prospects for production in Centre-South Brazil had helped to […]