Sugar tumbles on ample supply

Sugar futures settled marginally lower as higher supplies continued to weigh on the prices. Supply situation is worrying fmillers as might not sell allocated non-levy sugar quota for February. India has made available 1.62 million tonnes of non-levy sugar for February, including 300,000 tonnes unsold stocks of January. The Indian government is considering the demand to completely lift the http://bit.ly/i8fdJD