1. Java jolt?
- Author
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Kharouf, Jim and Martens, Jim
- Subjects
Futures market -- Forecasts and trends ,Cocoa -- Futures ,Coffee -- Futures ,Sugar -- Futures ,Business ,Business, general - Abstract
Traders and analysts believe that cocoa, coffee and sugar prices may finally obey logic in 1997 after defying fundamentals in recent years. The cocoa market is expected to conform to market supply and demand pressures. Analysts predict a bullish market in the first half of 1997. With regard to the coffee market, production is forecast to fall by 20% to 25%, which could bolster demand for coffee stock on the market. As for sugar, prices may fall to record lows due to oversupply., Coffee, cocoa and sugar prices have consistently defied the fundamentals in recent years. Traders and analysts say 1997 could be the year softs begin to make sense again. Softs traders' [...]
- Published
- 1996