"Raw sugar for March delivery on the ICE Futures U.S. exchange ended 1.7% lower at 15.48 cents a pound, the lowest settlement since June 29, 2010.
The International Sugar Organization expects supplies to outstrip demand by 4.7 million metric tons in the season that began Oct. 1, while a weaker Brazilian currency is encouraging selling from producers and adding to available supplies on the world market, traders said''.
Source: WSJ
