Severe Drought in Thailand Could Push Sugar Prices Higher
July 11, 2023 at 08:00 AM EDT
Severe weather conditions in Thailand stemming from El Niño can continue to push sugar prices higher, offering bullish traders in the commodity more reason to pile into their positions. Thailand represents the third-largest country when it comes to sugar production, so the impact of a drought will have a profound effect on prices. Moreover, it [...] The post Severe Drought in Thailand Could Push Sugar Prices Higher appeared first on ETF Trends .