date:Jul 22, 2015
Sugar fell to a six-year low on speculation that the global glut will increase as the harvest accelerates in Brazil, the worlds top producer.
On ICE Futures U.S. in New York, raw sugar for October delivery tumbled 4.9 percent settle at 11.44 cents a pound at 1 p.m. Earlier, the price touched 11.35 cents, the lowest for a most-active contract since Jan. 14, 2009.
The drop was the biggest among 22 raw materials in the Bloomberg Commodity Index. That gauge fell to a 13-year low, partly as the doll