You are here

COMMODITIES

Raw sugar hits over one-year high, arabica coffee ends week up 7%

BT_20160321_SUGAR21_2176100.jpg
Coffee prices were bolstered by a strengthening in Brazil's real currency amid massive anti-government protests.

New York

RAW sugar futures hit their highest level in more than a year before closing down as traders booked profits after a fourth straight week of gains, and arabica coffee rose to a five-month peak on technical strength and currency gyrations.

New York cocoa futures also...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes