19.02.2013 - Rabobank amplifies idea of soft commodity rebound
Rabobank amplified ideas on the revival in soft commodities in the second-half of the year, ditching ideas of a flat performance by sugar futures and steepening the rebound it expects in cocoa prices. The bank - which had forecast that soft commodities would put in a firm end to 2013, contrasting with a weak finish by grains – maintained its forecast for New York cotton futures to average 85 cents a pound in the last quarter of 2013, up 9% from the first quarter...........................................Full Article: Source
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