Saturday, June 26, 2010

Sugar Demand and Prices

The price of sugar is rising. Why - supply and demand. According to the linked article, Muslim countries are increasing their purchases of sugar in expectation of higher demand for sugar during the holy month of Ramadan. Sugar fans do not fret, it seems as if production of sugar has been good in Brazil and India - the two largest producers - so the prices should fall back with the increase in supply and the reduction in demand after Ramadan.

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