Astonishingly High Cocoa Prices Set To Continue As Deficit Concerns Grow
Seeking Alpha · 02/15 14:25
Softs Volatility To Continue
Soft commodities have been the best performing part of the commodity complex in 2023. El nino and broader weather events suggest prices are likely to remain elevated into 2024. The global sugar market is expected to be in deficit by around 3mn tonnes this season. Centre-south brazil on course to produce largest amount of sugar this year. Indian and thai sugar output under pressure, leaving the market tighter than expected.
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