Expect Sugar prices to trade sideways

According to Angel Commodities, expect sugar prices to trade sideways as the prices have reached highest levels in the year and there is an expectation of consolidation at this level.

Nigeria eyes biofuels push

The Nigerian Minister of State for Petroleum Resources, Ibe Kachikwu, has said that biofuels would soon become the West African country’s foreign exchange earner, if “we can apply both our mind and might into it”. According to local…

Raw sugar price rally seen stalling in 2017 as deficit fades

A rally that took raw sugar prices to a more than four-year high in late 2016 is expected to run out of steam this year as Brazil’s main producing region looked set for record output that will reduce a world supply deficit, a Reuters poll…