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Article: BRIEFING - ASIA AGRIBUSINESS - AUG 6, 2009.
- Article from:
- AsiaPulse News
- Article date:
- August 6, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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An executive briefing on agribusiness for Aug 6, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
CHINESE SUGAR FUTURE PRICE FACES DOWNWARD PRESSURE
BEIJING - The sugar futures price in China faces downward pressure following speculation about sales of national sugar reserves.
The sugar futures price on the Zhengzhou Commodity Exchange entered into a fourth consecutive day of rise to close at 4,462 yuan (US$653) per ton, a 16-month high, on Tuesday. But the price rise run came to an end on Wednesday following market rumors of possible ...