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Thailand sells raws

This article was originally published in The Public Ledger

THE state-owned Thai Cane and Sugar Corporation (TCSC) sold 52,000 tonnes of raw sugar from the 2010/11 crop to US agribusiness group Bunge on Wednesday, a TCSC executive said. Bunge bought both J-spec or a low quality for Japanese market and high quality or Hi-pol spec at a premium of 351 to 367 points over New York raw sugar futures, said the executive.

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