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
KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >NGM: Public confidence is apparently starting to return
The government is working to improve the economy so that…
Read more >Fidelity Outlook 2025: The US is ready for reflation
The Republicans’ landslide victory in the November election has significantly…
Read more >