(Bloomberg) -- Sugar fell in New York on speculation
that rising output in Brazil and India will exacerbate a growing
surplus.
Production will exceed demand by as much as 9.1 million
metric tons in the year ending Sept. 30, the managing director of
the International Sugar Organization said July 9. Sugar has
fallen 39 percent in the past year, the biggest drop among
commodities in the Reuters/Jefferies CRB Index.
Read more at Bloomberg Commodities News
that rising output in Brazil and India will exacerbate a growing
surplus.
Production will exceed demand by as much as 9.1 million
metric tons in the year ending Sept. 30, the managing director of
the International Sugar Organization said July 9. Sugar has
fallen 39 percent in the past year, the biggest drop among
commodities in the Reuters/Jefferies CRB Index.
Read more at Bloomberg Commodities News
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