Raw sugar fell 1.4%, reversing an earlier jump of as much as 1.9% amid technical adjustments and profit taking, StoneX analyst Murilo Aguiar said. Futures have surged lately on prospects for limited exports out of India and concerns about production in other key growers, with Wilmar International Ltd. expecting a deficit for this season.
KUALA LUMPUR: Paragon Globe Bhd's wholly-owned subsidiary Paragon Business Hub Sdn Bhd has proposed to acquire a tract of freehold land in Plentong, Johor Bahru, measuring about 42.29ha for RM71.5mil.