The last few weeks have been a roller-coaster for the sugar market. Firstly, sugar prices plummeted on Brazil's downgrade (Brazil is the biggest sugar exporter), only to surge by the most in the last 22 years just a couple of days later after the International Sugar Organisation increased its forecast for a production deficit in the current crop year amid rising concern about the impact of the El Nino weather pattern on supplies (heavy rains in Brazil and droughts in Thailand and India). Thes
29 Feb 2016
Still postive about the stock
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Still postive about the stock
Suedzucker AG (SZU:WBO) | 0 0 0.8% | Mkt Cap: 3,053m
- Published:
29 Feb 2016 -
Author:
Anna Zyniewicz -
Pages:
2
The last few weeks have been a roller-coaster for the sugar market. Firstly, sugar prices plummeted on Brazil's downgrade (Brazil is the biggest sugar exporter), only to surge by the most in the last 22 years just a couple of days later after the International Sugar Organisation increased its forecast for a production deficit in the current crop year amid rising concern about the impact of the El Nino weather pattern on supplies (heavy rains in Brazil and droughts in Thailand and India). Thes