Raw sugar hovers near one-month low.

 
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Raw sugar futures were drifting down towards the prior session's one-month low on Wednesday, while London cocoa regained some ground buoyed by a weaker pound. March raw sugar was down 0.03 cents, or 0.25percent. at 12.15 cents per lb at 1120 GMT, hovering just above the prior session's one-month low of 12.10 cents. Dealers said producer selling had been keeping the market on the...

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