Jan. 16 (Bloomberg) -- Sugar prices rose, posting their fourth straight weekly gain, on speculation that demand for imported supplies will increase this year in China and India, the world’s largest consumer.
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Also worth noting:
Reduced supplies from India likely will widen a global market deficit that Czarnikow Group Ltd. estimates will be 5.8 million tons this year, said Michael Ferrari, a vice president at Weather Trends International Inc. in Bethlehem, Pennsylvania.
Global market deficit! Music to a commodity trader's ears.
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