Manraaj Singh Says Sugar Is a Sweet Investment Right Now
Aug 22nd, 2008 | By Manraaj Singh | Category: Featured, Financial NewsSugar could be the next commodity to soar in price, says Profit Hunter’s Manraaj Singh.
The price of sugar has risen 37% in the last year, and this was with a huge surplus. Next year, droughts in India and rains in Brazil — the world’s two biggest sugar producers — could create a shortage in the market.
Manraaj says these supply shocks have not yet been priced into the market, meaning sugar could be at the start of a huge rally…