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
A thousand water experts are working to combat the drought
A thousand water experts are working nationwide to combat the…
Read more >Hungary is free from highly pathogenic avian influenza again
Hungary is once again considered free from avian influenza according…
Read more >Non-food discounters target Central Europe
Non-food discounters are rapidly transforming European retail: Action, Woolworth and…
Read more >