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Time for top ranked sugar ETF: SGG

Posted on 29 April 2014

Thanks to the ongoing geopolitical tensions in Russia, the energy commodity world has been in the limelight this year and has been performing quite well. Though that’s the case, there have been several winners in the soft commodity space too. Some commodities, such as sugar, have made fresh highs and are continuing with their uptrend.
A global supply glut for the past four years had led to huge stockpiles leading to a slump in sugar prices. However, things are expected to look up this year and prices likely to take a U-turn. Extreme weather conditions in Brazil – the world’s biggest producer and exporter of sugar – are expected to adversely hit sugar supply………………………………………..Full Article: Source


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VRS - who has written 38515 posts on Opalesque Commodities Briefing.


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