date:Jan 26, 2016
ming by 0.50 cents a pound to 15.00 cents a its forecast for New York raw sugar futures at the close of the January-to-March quarter, kept the estimate ahead of the level investors are factoring in.
May futures closed on Friday at 14.17 cents a pound.
And the bank forecast futures ending 2016 at 15.50 cents a pound, ahead of the 14.42 cents a pound that March 2017 futures were priced at
Prices set to rise
For coffee too, the bank forecast prices ending the current quarter, and 2016, above th