SUGAR TRADERS FORECAST LIKELY EC SUGAR REBATE
London traders say the European Community
is likely to award a maximum rebate of 46.80 European currency
units per 100 kilos at today's tender, while traders in Paris
predict a maximum award of 46.40 Ecus.
    Last week the EC awarded licences for 59,000 tonnes at a
rebate of 45.678 Ecus.
    Trade views differed on the amount of sugar likely to be
released today.
    London traders said the EC Commission will probably
endeavour to release a large tonnage, and as much as  100,000
tonnes may be authorised for export under licences up to
end-September.
    Paris traders put the likely tonnage at around 60,000.
  REUTER
