Sugar Could Double Again

Over the past few years, the sugar market has been on a tear.
As massive amounts of sugar were being produced around the world, the resulting surplus proved detrimental for the price.
It fell by over 50% from its 30-year peak in 2011, to a low of $0.15 per pound in early 2014.
Currently, sugar is trading at about $0.17 a pound, still well off its 2011 highs. But there’s reason for optimism for long-suffering sugar bulls…(more)Please share this article