Home > Food prices, food supply > Sugar soars to 30-year high as supply fears grow

Sugar soars to 30-year high as supply fears grow

November 3, 2010 Leave a comment Go to comments

“The price of sugar has jumped to a 30-year high as the Brazilian harvest has tailed off sharply, hardening expectations of a shortage.

Traders believe that prices could soar over the coming months as the market faces a supply shortfall driven by smaller-than-forecast crops in important growing countries from Brazil to Russia and western Europe.”
Via Financial Times

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Categories: Food prices, food supply
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