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Raw sugar fluctuated slightly yesterday, buoyed by expectations of a decline in Brazilian sugar production. The main contract hit as high as 14.77 cents a pound and as low as 14.54 cents a pound before closing up 0.41 percent at 14.76 cents a pound. Sugar production in Brazil's main sugarcane region in south-central Brazil is expected to fall to a three-year low next year as a lack of replanting cuts yields per unit area and ethanol production increases.
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