Colosseum a.s. (Colosseum a.s.)
Commodities  |  August 08, 2012 10:39:28

Sugar continues to drop



ColosseumThe sixth trading session in a row fell to the ICE Futures exchange price of sugar in response to a favorable report on the development of production in Brazil and also in India, two countries where it produces most of the commodity. In Brazil, heavy rains came after a period of relative drought, allowing for easier harvesting. In contrast, the India's monsoon rains, which make a positive contribution to income. The contract of raw sugar to be delivered in October ztatil during Tuesday's trading 1.9 percent to close at 21.42 cents per pound. The cord is the longest downturns since 2 May 2011. This morning, the price continued to decline slightly and moving around 21.35 cents per pound. and # 160;

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