Sun, Aug 25, 2013 - Page 15 News List

Commodities end mixed on positive data, Fed concern

DIVERGENCE:Oil prices rose on demand hopes, bright economic data and geopolitical worries, while base metals mostly fell on concern over China

AFP, LONDON

“This is particularly true of the Brazilian real, given that Brazil is by far the most important producer of both Arabica coffee and sugar,” they said.

By Friday on NYBOT-ICE, Arabica for delivery in December sank to US$1.1690 a pound (0.45kg) from US$1.2470 a week earlier.

On LIFFE, Robusta for November dived to US$1,781 a tonne from US$1,920.

SUGAR:

Prices headed lower, hit also by the weak real.

By Friday on NYBOT-ICE, the price of unrefined sugar for delivery in October decreased to US$0.1634 a pound from US$0.1723 a week earlier.

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