REPORTS

Barchart - Sugar prices settled sharply lower on Thursday as speculation that India will import less sugar than initially expected fueled long liquidation in sugar futures.  The Indian government reduced the sugar dealer stock holding limit to 200 MT from 400 MT, effective Sep 15 through Nov 20, to curb hoarding and boost domestic availability.  The action will help push more sugar stockpiles onto the market, potentially reducing India's need to import sugar.