date:Jun 12, 2014
Sugar futures pared losses after industry data showed the cane harvest in Brazil's main growing region slowing, keeping sugar output behind that last year.
Raw sugar for July, which had been trading down 0.7%, recovered to post a 0.6% gain, retaking the 17.00 cents-a-pound mark, after Unica said that mills in Brazil's Centre South crushed less cane in the second half of May than in the first.
At 37.98m tonnes, mills in the region, responsible for some 90% of Brazil's cane and sugar output, pro