RIO DE JANEIRO, BRAZIL - Raw sugar for March delivery closed down 0.22 cents, or 1.2%, at 17.86 cents a pound after hitting a two-week low of 18.09 cents.
Traders said the rains forecast for the weekend in south-central Brazil may help improve soil moisture levels and the outlook for this year's cane crop.
An improving outlook for production in India also contributed to recent market weakness.
White sugar for March delivery was down US$4.50, or 0.9%, at US$495.20 a ton.
COFFEE
Arabica coffee for March closed up 3 . . .
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