Wednesday, June 16, 2010

Coffee and Sugar

Coffee Futures Monthly Chart

Coffee futures ran riot this week. If this keeps going on, I think that I better store up my Aik Cheong coffee before the price goes up.

Sugar Futures Monthly Chart

For sugar, the futures price has collapsed. Well, I don't care much about sugar. I can take 1 year just to finish my 1kg of sugar. I don't understand why is there a shortage when sugar is cheap now? Who is hoarding sugar? I think that based on current situation, better hoard coffee.

1 comment:

IjanMaster said...

i agree with you. better hoard coffee rather than sugar.
the whole sellers are hoarding sugar because they do not watch the price like you do..hihi..
if they do, they would do the same.