Sun, Nov 17, 2013 - Page 15 News List

Commodity prices mixed on stimulus, global growth

AFP, LONDON

Three-month zinc slipped to US$1,885 a tonne from US$1,891.

SUGAR: Prices hit three-month lows in London at US$464.4 a tonne.

“Traders have noticed that the world still has plenty of sugar available and that the demand is not really strong,” Price Futures Group analyst Jack Scoville said.

By Friday on the ICE Futures US exchange, the price of unrefined sugar for delivery in March slid to US$0.1761 a pound (0.45kg) from US$0.1808 a week earlier.

On LIFFE, London’s futures exchange, the price of a tonne of white sugar for March tumbled to US$465.90 from US$481.50 a week earlier.

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