White sugar dips to 3-week low on follow-through selling.
Byline: S. Kamal Hayder Kazmi
White sugar futures on ICE extended losses to a three-week low on Wednesday as souring chart signals and worries about Indian exports inspired follow-through selling, while arabica coffee also touched a three-week low before closing higher.
December white sugar settled down $3.10, or 0.9 percent, at $355.70 a tonne after falling to $351.80, its weakest since Oct. 10. It closed October nearly 11 percent higher. Dealers said prices continued to...
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