date:Dec 08, 2015
the contract is the best-performer in the Bloomberg Commodity Index over the past six months. After five years of surplus that sent prices to the lowest since 2008, supply is expected to fall short of demand in the 2015-16 season.
The end of the surplus cycle is probably the main reason why people are betting on further price rises, Michaela Kuhl, an analyst at Commerzbank, said by phone from Frankfurt. Well see how much of that will really materialize.
Raw sugar for March delivery was little