Unfavourable Weather Conditions In Brazil Could Prop Up Sugar Prices In The Near Term

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Friday, January 11,  2019  09:57 AM / FDC                                   

                                                                                      

Brent climbed back above $60pb ($60.84pb) after staying below that level since November  2018. There have been many calls for a review of the budget benchmark to reflect the reality. Most analysts are projecting an average price of $62pb for 2019. However, we expect a high level of price volatility in global commodities because of geopolitical tension and protectionism.

The slides below contain a snapshot of the global and domestic developments in the commodities market this week.   

Proshare Nigeria Pvt. Ltd.


Proshare Nigeria Pvt. Ltd.


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