Sun, Dec 21, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Agriculture, Market Moves more

Global sugar market could switch to deficit in 2014-15

Posted on 11 February 2014

The global sugar market could tip into a small deficit in 2014/15 after four years of surpluses as producers struggle to cover their costs, but the stocks built up during the years of ample supply will be a brake on any recovery in prices.
Traders and analysts attending the February 8-11 Dubai Platts Kingsman sugar conference said sugar consumption was outpacing flat-to-weaker production into 2015. “Pretty much all producers are operating at below costs of production,” said Kona Haque, head of agricultural commodities research at Macquarie Bank………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38538 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031