Friday, August 14, 2009

Commodity Roundup for August 14, 2009

Investors seem to have gotten a sweet tooth for sugar as prices have hit a 28 year high due to worldwide supply shortages. Sugar prices have nearly doubled this year alone and may continue to go up as there is strong demand from emerging markets such as India. Adding to the sweetness of this rally is speculation that there will be adverse weather, which could cut output.

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