Raw sugar futures closed at an eight-day low on Wednesday, succumbing to light fund selling late in a listless session. The New York Board of Trade's key March raw sugar contract eased 0.08 cent to finish at 11.20 cents a lb, after dealing from 11.35 to 11.18 cents, its lowest price since bottoming at 11.16 on November 1.

Dealers said the session was unremarkable until a fund apparently came in selling before the close. May futures fell 0.10 to 11.18 cents and deferred delivery contracts lost 0.03-0.05 cent.

Copyright Reuters, 2005