Sugar Futures Little Lower

March New York Sugar is trading at 20.73, down 0.16 cents/lb. May New York Sugar is trading at 20.27, down 0.14 cents/lb. New York Sugar futures are trading a little lower early Thursday morning. Market chatter about Brazil's sugar production and global sugar demand is making the rounds. Indonesia's Trade Minister said the nation is going to issue permits to import around 1.5 million tonnes of raw sugar, the permits will be valid for six months.