International Sugar Market Report 28 Nov 2018

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Futures closed slightly higher in both New York and London on outside markets as Crude Oil and gasoline were higher. Ideas for world Sugarcane and Sugar beets production continue to work a little lower. Production losses are expected in India due to hot and dry weather earlier in the growing season and some recent reports of pest attacks. Industry sources noted less production and said that India will most likely have trouble meeting its export goals this year that range as high as 5 to 6 million tons

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