India yesterday bought two cargoes ofwhite sugar from London traders for April/May shipment and
granted the trade houses the option to sell an additional two
cargoes at the same price for May/June shipment, the firms
involved said.
    E D and F Man and Woodhouse, Drake and Carey both said they
sold single cargoes at 237.35 dlrs a tonne cif for April/May
and were granted options to sell an extra cargo each at the
same price for May/June at the Indian buying tender for three
to four cargoes of whites held yesterday. The tender had called
for a single cargo of prompt and two to three cargoes of
April/May.
 REUTER
