date:May 24, 2016
ention was shifting to expectations of a good monsoon in number 2 producer India.
He referred to the possibility that a La Nina weather event could emerge later in the year.
It (la Nina) makes it more likely for there to be a good monsoon, he said.
July raw sugar was down 0.04 cent, or 0.2 percent, at 17.03 cents per lb at 1147 GMT, having risen as high as 17.29 cents on Friday, its loftiest since July 2014.
ICE August white sugar was down $1.0, or 0.2 percent, at $480.2 per tonne.
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