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Thai sugar sale

This article was originally published in The Public Ledger

THE state-run Thai Cane and Sugar Corporation (TCSC) sold on Wednesday 40,000 tonnes of 2010/11 raw sugar to international trading house Vitol at a tender, a senior TCSC official said. The official explained that the sugar was sold at premiums of 454 points and 479 points over New York raw sugar futures.

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