| 29.07.2009 - Raw sugar may climb to 28-year high on shortfall |
| From Bloomberg: Raw sugar prices may reach a 28-year high in the next six months as a production shortfall in India, the world’s biggest user, worsens a global deficit for a second year, the nation’s largest producer said. Sugar may reach 25 cents a pound as the South Asian nation lifts imports to meet a deficit of 6 million metric tons to 7 million tons in the year starting Oct. 1, said Kushagra Nayan Bajaj, joint managing director at Bajaj Hindusthan Ltd.........Full Article: Source |