Sugar futures may fall on weak overseas prices

MUMBAI: Indian sugar futures may open down on Wednesday tracking weakness in the international market, which would make exports of expensive Indian sugar difficult, analysts said. The June futures on the National Commodity and Derivatives Exchange ended down 1.11 percent at 1,427 rupees per 100 kg in the previous session. New York raw sugar prices crumbled on investor sales and weak commodity markets to end lower on Tuesday.