Colosseum a.s. (Colosseum a.s.)
Commodities  |  March 27, 2013 13:14:28

Sugar on the stock exchange ICE Futures U.S. fell to a five-week low



ColosseumAt level five-week lows weakened in yesterday's trading session on the exchange ICE Futures U.S. The most active futures contract for raw sugar. The reason was a reaction to signs of bumper crop they expect in the new marketing year, farmers in Brazil, which should further increase the already existing global surplus of that commodity. Analysts polled by Bloomberg should sugar production in Brazil in the next year even exceed record crop season 2012-2013. Futures on raw sugar to the May delivery date weakened in yesterday's session at the exchange ICE Futures U.S. by 1.1% to the closing price of 17.78 cents per pound weight.

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Cukr na burze ICE Futures U.S. klesl na pětitýdenní minimum

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