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Rush returns to sugar substitute maker PureCircle

The producer of stevia has had its shipments released by US border authorities sparking a surge in the shares
January 10, 2017

The rush returned to sugar substitute maker PureCircle 's (PURE) shares this week after US border authorities released a shipment they had detained on false allegations of slave labour.

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The producer of stevia, a plant that can be used as a replacement for sugar, saw its shares rise nearly 9 per cent after US Customs and Border Protection (CBP) released products it had been holding. The CBP had held a shipment last year and subsequently released it and seems to have done the same thing now having analysed detailed documents provided by PureCircle, proving their products' provenance.