By SIMON CONSTABLE
Investors might want sweeten their portfolios with a touch of sugar this summer, as prices for the commodity look set to continue rallying. A combination of existing crop damage, likely inclement weather in key growing areas, and robust oil prices could lift sugar prices.
“The only way the potential sugar shortage gets resolved is for the Asian harvests to come in with big crops,” says Shawn Hackett, president of the financial firm Hackett Financial Advisors. Read moire here.
Photo by Monika Grabkowska on Unsplash
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