Colosseum a.s. (Colosseum a.s.)
Commodities  |  August 22, 2012 11:10:33

The price of sugar falls to two month low



ColosseumOktóbrový contract sugar depreciated yesterday at Intercontinental Exchange by 3.5 percent to 19.78 U.S. cents per pound, which is the lowest since the end of June. The reason is the rapid administration cane harvest in Brazil, which is the largest producer of this commodity in the world. According to data organization UNICA in the second half of July, in southern Brazil has been harvested a record 46.3 million tons of sugar cane, which is 11 percent more than last year.

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Cena cukru klesá na dvojmesačné minimum

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