Trademagazin > News and articles > Market News > Sugar and coffee remain weak at the commodity exchanges
Sugar and coffee remain weak at the commodity exchanges
The weak demand, the large stocks and good yields all contribute to this trend.
The production of sugar in the past years always exceeded consumption, the excess was manifested in the stocks. However, the pace of increase in the stocks exceeded the consumption.
Large pessimism dominates the coffee market as well. While Brazil's dry weather worsened coffee crop in October, the rain of the past week improved expectations, which drives down the price of coffee. (portfolio.hu)
Related news
More related news >
Related news
New generation of plant-based meat alternatives are high in salt and expensive
While the vast majority of plant-based meat substitutes significantly reduce…
Read more >Baby boomers drive growth in healthy ageing skincare market
Interest is also growing in products that support both skin…
Read more >Dunnhumby and Placer.ai use new AI-based tool to analyse competitive threat
Dunnhumby and Placer.ai have developed a new AI tool for…
Read more >