Financial Times FT.com

28-year sugar high on Indian drought threat

By Chris Flood

Published: August 11 2009 03:00 | Last updated: August 11 2009 03:00

The rally in sugar prices gathered momentum on Monday amid concerns about tight supplies and low stocks.

ICE October raw sugar, the global benchmark, jumped 4.8 per cent to 21.80 cents a pound, the highest level since mid-1981.

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