Colosseum a.s. (Colosseum a.s.)
Commodities  |  February 19, 2013 08:35:28

Sugar in London more expensive

ColosseumCurrent low sugar prices were behind yesterday's strengthening sugar traded on the London LIFFE Nysa. Sugar is here that the long term at the very bottom, which could increase the interest in this commodity tempting to cheap shopping. There is also increasing demand for sugar ratio Iraq, which last week bought 200,000 tons of sugar. This year, according to estimates of the International Sugar Organization, Iraq could import up to 795,000 tons of sugar. Yesterday, futures contracts traded on the sugar only in London because the U.S. was a public holiday - President's day. May futures are entered into a growth of 1.6% to $ 497.90 per tonne.

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