The price of sugar may be moderated in the next one year
According to the analysts of the Standard Chartered Bank, if sugar prices will not increase until the potting season – in the future – until the second quarter of 2012 – sugar prices are expected to be moderated.
In the current sugar season, lasting until the end of September – in a global summary – one million tonnes more sugar will be processed in the factories. With this; the demand and supply ratio will be equalized. The ratio was overturned two years ago, which led to a drastic increase in sugar prices. In Hungary, for example, prices were doubled in a few months – reports Népszabadság Online.
Related news
Related news
In June, the annual decline in producer prices slowed down in Germany
In Germany, producer prices fell by 1.6 percent year-on-year in…
Read more >Rural accommodations closed a stronger half year than last year
The momentum of tourism in 2023 will continue to make…
Read more >Munch is now available in every Auchan store
From the beginning of May you can get the three…
Read more >