Sugar Rises Most in Week on U.S. Quota Increase, China Drought

Bloomberg: Raw sugar rose the most in a week after the U.S. increased its import quota and on speculation that drought in China will curb production and tighten global supplies. An additional 200,000 short tons (181,437 metric tons) will be added to the original quota of 1.23 million tons for the year ending Sept. 30, the U.S. Department of Agriculture said on April 23. Drought in Guangxi and Yunnan, China's top producing regions, reduced output, Liu Xiaonan, an official at the National ......

Read Complete Article at Water Conserve: Water Conservation RSS Newsfeed

You can leave a response, or trackback from your own site.

Leave a Reply