(Bloomberg) -- Raw sugar may be little changed this
week while white, or refined, sugar may fall on speculation
previous gains were exaggerated, a survey showed.
Five of 13 traders, analysts and brokers surveyed June 29
forecast no change in raw sugar traded in New York. Four
predicted the price will fall. Raw sugar dropped 0.17 cent, or
1.8 percent, to 9.52 cents a pound last week. It is down 39
percent in the past year.
Read more at Bloomberg Commodities News
week while white, or refined, sugar may fall on speculation
previous gains were exaggerated, a survey showed.
Five of 13 traders, analysts and brokers surveyed June 29
forecast no change in raw sugar traded in New York. Four
predicted the price will fall. Raw sugar dropped 0.17 cent, or
1.8 percent, to 9.52 cents a pound last week. It is down 39
percent in the past year.
Read more at Bloomberg Commodities News
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