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TCSC sells sugar to exporters

This article was originally published in The Public Ledger

THE state-run Thai Cane and Sugar Corporation (TCSC) has sold 82,000 tonnes of raw sugar from the 2011/12 crop to three international trading houses. The sugar was sold at premiums between 55 to 65 points over New York raw sugar futures. The 82,000 tonnes of sugar sold fell short of the 176,666 tonnes it had aimed to sell but another tender looks set to be opened for the rest soon.



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