Hedge Funds Sugar

Hedge Funds Investing in Raw Sugar Futures

Hedge funds are heavily investing in raw sugar futures. The commodity traded last week at a 28 year high as the price of sugar has doubled since Spring.

According to the U.S. Commodity Futures Trading Commission, long bets on sugar are up 77% this year.

The saccharine investment looks like it will continue to pay off. Weather problems in such key sugar-production countries as Brazil and India continue to depress production, while an increasing amount of sugar cane is used in producing ethanol—rather than sugar. The International Sugar Organization is projected a 10.4 million ton sugar deficit this season, a record high.

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Tags: Hedge Funds Sugar, Hedge Funds raw Sugar, hedge funds sugar futures, hedge funds sweet, commodities, futures, investing long

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