Sugar Prices May Rise as Brazil’s Supplies Ebb, Survey Shows
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Sugar futures in New York and London may climb next week, heading for a third consecutive year of gains, on signs that supplies from Brazil won’t be enough to meet demand, according to a survey.
Eight of 11 traders, analysts and brokers surveyed by Bloomberg News said raw sugar traded in New York will rise. One predicted that prices will fall, and two forecast they will be little changed.