Sugar Futures Little Changed

May New York Sugar is trading at 18.03, up 0.03 cents/lb. July New York Sugar is trading at 18.06, up 0.04 cents/lb. New York Sugar futures are trading just above the session lows after Thursday's back and forth trading day. China's government reduced 2016-2017 sugar production to 9.7 million tonnes versus the 9.9 million tonnes estimate in February. China left sugar consumption unchanged at 15.0 million tonnes.