Sugar prices reached a maximum since 2012

Show original
Price dynamics of futures for sugar. Source: American daily business newspaper "The Wall Street Journal" jumped up Sugar prices to the highest level more than in a decade that was promoted by small harvests in some largest manufacturing countries and a great demand in China. Futures for the reed sugar raw, traded in New York which are a world standard, strongly grew this year. During the last sessions they traded above 24 cents for pound, having reached a maximum since March, 2012. Bad weather to India, China and Thailand reduced production of sugar in all three countries while...