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Sugar rises on ‘Soft Commodities’ rally, Rabobank price outlook

Posted on 19 December 2008

From Bloomberg: Sugar rose in New York, joining rallies in cocoa, coffee and orange juice, after Dutch bank Rabobank said it expects prices to increase for the next two years.

Sugar may be pushed higher by a shortage of the sweetener, Rabobank said in a Dow Jones Commodities News story today on the Centre for Energy Web site. Demand is rising because of increased usage in emerging markets including Asia, according to the report….. Full Article: Source


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VRS - who has written 36748 posts on Opalesque Commodities Briefing.


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