Fortunately, China is far from the only market that consumes sugar in a big way. Other emerging markets are seeing their middle classes rise, too, and they’re demanding more complex diets.
Fundamentally, the case for sugar still might be there. Matt Theal for Minyanville reports that a drought, falling production and an end to the harvest season in Brazil could ultimately keep sugar prices elevated. [Getting Agriculture Exposure Through ETFs.]
Debarati Roy for BusinessWeek reports that raw sugar prices may rally up to 10% higher, according to analysts. Will it happen, though? The answer ultimately will lie in the 200-day moving average.
Tisha Guerrero contributed to this article.