Colosseum a.s. (Colosseum a.s.)
Commodities  |  19.4.2013 8:35:28

Sugar is the lowest in last 33 months



ColosseumSugar after yesterday's cheaper now at long-term lows and is the lowest in more than two and a half years. The largest sugar producer, Brazil, is will this year probably record crop. Yesterday's weather reports from this area confirmed it. Current rain showers in some growing regions of Brazil will certainly have a positive effect on the crops. In addition, next week will be the most important central-southern growing region, probably more moderate rainfall, which could help to advance the work on the plantations. July sugar on ICE Futures U.S. stock market yesterday closed weakened by 1% to 17.61 cents per pound weight.

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Cukr je nejníže za posledních 33 měsíců

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