Sugar and coffee remain weak at the commodity exchanges

By: trademagazin Date: 2012. 11. 16. 11:35

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)

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