(Bloomberg) -- Sugar futures in New York were little
changed as delays in harvesting in Brazil, the biggest producer,
led to short-term tightness in supplies before the development
of a surplus expected later this year.
The price of the sweetener for prompt delivery is
8.3 percent higher than a month ago. The harvest in Brazil is
about two weeks behind because mills face a shortage of parts
and rain halted work for as many as six days, according to a
report today by Fimat USA LLC in New York.
Read more at Bloomberg Commodities News
changed as delays in harvesting in Brazil, the biggest producer,
led to short-term tightness in supplies before the development
of a surplus expected later this year.
The price of the sweetener for prompt delivery is
8.3 percent higher than a month ago. The harvest in Brazil is
about two weeks behind because mills face a shortage of parts
and rain halted work for as many as six days, according to a
report today by Fimat USA LLC in New York.
Read more at Bloomberg Commodities News
No comments:
Post a Comment