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Commodities Briefing - Categorized | Agriculture, Currencies, Price Watch more

Sugar slumps most in 5 months on dollar rally, supply outlook

Posted on 22 December 2008

From Bloomberg: Sugar slumped the most in five months as the strengthening dollar curbed the appeal of U.S. commodities and on speculation that supplies will be enough to prevent shortages.

The dollar climbed the most against a basket of six major currencies in 11 weeks, rebounding from an 8.1 percent drop this month through yesterday that made commodities cheaper for buyers with other currencies. …. Full Article: Source
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