Sugar shipment

LONDON, Aug 18: The Geneva marketing arm of Brazil’s Coimex Group this week sold 38,000 tons of very high polarization (VHP) Brazilian raw sugar for prompt shipment to southern India, trade sources said on Thursday.

The sources said the price of the deal was $255-260 per ton Cost and Freight and Free Out (CFFO). Coimex completed other sales to Indian buyers earlier this year, the sources said.—Reuters

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