This will probaly be a case of someone being right but for the wrong reason.
More to the point is the huge supply of sugar in the market has started to taper and yes the demand is growing, China, etc. And the expected El Nino and weather are much greater of an impact than Ramadan. In fact, I have never noticed this being a factor at all. It may very well coincide with an increase in prices but if that were the case every year it would have been noticed years ago and factored into the market.
This will probaly be a case of someone being right but for the wrong reason.
More to the point is the huge supply of sugar in the market has started to taper and yes the demand is growing, China, etc. And the expected El Nino and weather are much greater of an impact than Ramadan. In fact, I have never noticed this being a factor at all. It may very well coincide with an increase in prices but if that were the case every year it would have been noticed years ago and factored into the market.
This will probaly be a case of someone being right but for the wrong reason.
More to the point is the huge supply of sugar in the market has started to taper and yes the demand is growing, China, etc. And the expected El Nino and weather are much greater of an impact than Ramadan. In fact, I have never noticed this being a factor at all. It may very well coincide with an increase in prices but if that were the case every year it would have been noticed years ago and factored into the market.
This will probaly be a case of someone being right but for the wrong reason.
More to the point is the huge supply of sugar in the market has started to taper and yes the demand is growing, China, etc. And the expected El Nino and weather are much greater of an impact than Ramadan. In fact, I have never noticed this being a factor at all. It may very well coincide with an increase in prices but if that were the case every year it would have been noticed years ago and factored into the market.
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