(Bloomberg) -- Sugar futures in New York fell
for a fourth-straight day on speculation a global surplus
will swell with a record crop from Brazil, the world's
largest producer.
Brazil said yesterday that its current sugarcane
harvest will rise 11 percent to 528 million metric tons.
Sugar output will increase 3.6 percent to 31.3 million
tons, the agricultural ministry said.
Read more at Bloomberg Commodities News
for a fourth-straight day on speculation a global surplus
will swell with a record crop from Brazil, the world's
largest producer.
Brazil said yesterday that its current sugarcane
harvest will rise 11 percent to 528 million metric tons.
Sugar output will increase 3.6 percent to 31.3 million
tons, the agricultural ministry said.
Read more at Bloomberg Commodities News
No comments:
Post a Comment