BusinessPhoto: Mint MarketsRaw Sugar Gains Nearly 10% in October; Robusta Coffee Falls 6%
Raw sugar futures on ICE rose by 9.8% in October despite a 0.6% drop on the last trading day due to a weaker Brazilian real and market consolidation. Heavy rains in Brazil, the top sugar producer, have reduced production by 27.1% in the key center-south region for early October. The weaker real encourages Brazilian exporters to sell dollar-priced futures. Robusta coffee prices fell by 6%.
Mint Markets·




