Colosseum a.s. (Colosseum a.s.)
Commodities  |  March 08, 2013 14:47:33

The price of sugar is increasing the maximum led to four months



ColosseumMájový white sugar contract today in London more expensive by 1 percent to 538 USD per tonne, which is the highest price since October last year. The reason is speculation on higher utilization of Brazil's sugar cane into ethanol production, as producers of biofuels, according to unofficial information should receive tax breaks. Production of sugar cane would be estimated by the Deutsche Bank could raise up to a record 600 million tons, while in the past year has been harvested 532 million tonnes.

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