dt Commodity News

Follow our breaking new stories and get a unique take on current events that may impact the commodity futures markets. Multiple new articles are posted each weekday.
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• Sugar futures fall after an early surge: The price of sugar gained through Tuesday's trading, then fell precipituously in the last hours. After opening around 19.8 cents per pound, the sweetener climbed as high as 20.1 cents per pound before crashing down to just 19.76 cents. Read more
• Coffee futures near a 13-year high on tightening supplies: Coffee futures climbed on Monday, reflecting traders' nervousness about the supply of high-quality arabica beans, according to the Wall Street Journal. The largest source of these beans is Colombia, and that nation's harvest won't reach the market until November and December. Read more
• Sugar prices fall, but China could cause a rebound: The price of sugar fell on Monday, but rising demand and slumping domestic output in China could cause a turnaround in sugar futures later on in the year. A survey compiled by Bloomberg showed that China, the world's third largest producer of the sweetener, could import as much as 1.5 million tons of sugar this year, up from 1.06 million tons last year. Read more