Tuesday, May 22, 2007

White Sugar Declines as India, Brazil Bumper Crops May Outweight Demand

(Bloomberg) -- White sugar fell in London on concern
bumper crops from India and Brazil, the top producers, will
outweigh demand.

Global production will exceed demand by 6.9 million metric
tons this year after record sugar prices a year ago spurred
farmers in India and Brazil to expand plantings, C. Czarnikow
Sugar Ltd., the world's biggest sugar broker, said on May 9.


Read more at Bloomberg Commodities News

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