Sugarcane| High prices paid by a global trade house at a Thai sugar auction

May 13, 2016 9:18 AM | Skymet Weather Team

High prices paid by a global trade house at a Thai sugar auction reflect expectations of tight supplies and buoyant premiums in the world's second biggest exporter due to drought. State-run Thai Cane and Sugar Corp said it had sold 72,000 tones of raw sugar to Bunge at a premium of 137 points over global futures following a tender.

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