Colosseum a.s. (Colosseum a.s.)
Commodities  |  August 28, 2012 11:10:28

Market correction concentrate

ColosseumThe market for orange concentrate saw the largest decline in the past six weeks. Had significantly subsided fears of Tropical Storm Isaac. Meteorologists warned that can amplify and change in hurricane and hit Florida. Finally it but are just heavy rains, which should not significantly harm crops. The November contract orange concentrate yesterday fell by 3.5 percent and closed at 113.8 cents per pound. It was the biggest one-day drop by 16 July. Should be noted that Florida is the second largest after Brazil cultivation in the State of oranges. and # 160;

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