Sugar Prices Projected to Rise Because of El Nino
New York — After four bitter years, sugar mills can look forward to sweeter prospects in 2016. Prices have rebounded 52 percent since reaching a seven-year low in August. Raw-sugar futures traded in New York are heading for a 6 percent gain for the year, their first annual advance since 2010. The market has finally swung to a supply deficit after years of surpluses. And the commodity will keep rising through the first quarter of next...
