Sugar rose despite ample global supplies

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Rural commodities, excluding coffee, were bullish on Friday, boosted by broadly weaker US Dollar and firm China's data. Positive comments of the International Grain Council lifted grain futures. The IGC stated global demand is likely to grow at least at the same pace as a rise in supplies heading to 2017-18.

Wheat jumped on supportive statement of the IGC. However, weak demand for US supplies and potential rains that may boost drought-struck winter crops continued to create heavy pressure on the commodity.
 
Corn jumped on hopes that an increase in global production will match a growth in demand in the next five years. At the same time, bloated China's inventories and soft demand for US corn limited the upswing.

Sugar was the top-gainer, rebounding after previous losses. However, the sweetener is likely to stay weak in the following sessions due to an expected surge in global surplus.

Coffee was the only loser, remaining near a two-year low amid ample global supplies. The International Coffee Organization estimated Arabica coffee output at 89.9 million bags in 2012-13, an increase of 10.6% year on year.


Back to articles

Actual Topics

Mon, 17 Dec 2012 08:41:19 GMT

Asia stocks fall, Japan rises

Asia stocks declined, with the regional benchmark index poised to halt the longest rally since 2004, as suppliers to Apple fell. The MSCI Asia Pacific Index lost 0.2% to 127.13 after climbing as much as 0.3%. Japan's Nikkei 225 Stock Average gained 0.9% reaching the highest level since April. Australia's S&P/ASX 200 slipped 0.2% and New Zealand's NZX 50 Index

Mon, 17 Dec 2012 12:08:07 GMT

Natural gas at three-month low on warm weather forecasts

Energy commodities apart from natural gas moved higher on Friday as China's and the US manufacturing activity expanded more-than-expected in December. However, an increase in the US energy stocks last week coupled with concerns over looming fiscal battles in the country  restricted an upward trend.Crude oil jumped as positive PMI figures improved global demand outlook. Moreover, softer greenback and continuation

Subscribe to "Fundamental Analysis" feed

Subscrever
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre as opções binárias do Dukascopy Bank / Plataforma de negociação Forex, SWFX e outras informações relacionadas com Trading,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para saber mais sobre a plataforma de Trading / Trading de Crypto/ CFD / SWFX e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para saber mais sobre o programa de Introdutor de Negócios e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.