Sugar advances on possible decline in Brazil's supplies

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Farm commodities were mixed on Friday amid worries over weak demand for US supplies and unfavorable weather in Argentina. Meanwhile, market players continued to monitor weather conditions in the key growing countries to gauge crops supply potential.

Wheat dropped despite speculation that demand from livestock producers may climb. Sending wheat futures lower, Sovecon raised its Russia's wheat crop estimate to 85-89 million tonnes from 80-87 million tonnes, citing better-than-expected conditions of winter crops.

Corn edged higher on possible frost in Argentina coupled with talks US sowing may decline this year. Moreover, the USDA report showing that US stockpiles may drop to a 17-year low before the next harvest lent support to corn futures.

Sugar ended in green as speculation that Brazilian farmers may direct more cane to produce ethanol instead of sugar continued to push the sweetener higher.

Coffee returned to its losing streak amid talks that record volume of Brazilian harvest and recovery of supplies from Colombia will offset possible crop losses in Central America where coffee leaf rust threatens harvest.
Back to articles

Actual Topics

Mon, 18 Mar 2013 10:22:08 GMT

Rupiah drops most in 2 weeks on Cyprus news

The Indonesian Rupiah slipped by 0.2% to 9,723 per U.S. Dollar in the morning of Jakarta trading session on Monday. That was the biggest slide since 4th of March. The currency depreciated, as global investors were concerned about situation in Cyprus and its impact for European debt crisis, thus traders were willing to buy less risky assets than emerging market

Mon, 18 Mar 2013 13:19:06 GMT

WTI drops amid levy by Cyprus on savings

West Texas Intermediate oil declined on Monday falling from its highest level in three weeks after the Eurozone's finance ministers decided to raise 5.8 billion euros by putting a levy on Cyprus bank savings, which brought worries about recovery in Europe. April WTI oil futures decreased $1.31 to $92.14 a barrel on the NYME after climbing to $93.45 on March

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.