Commodity Blog |
| Softs Climb as Threat of Fiscal Cliff Ends, Orange Juice Drops Posted: 02 Jan 2013 04:30 PM PST Agricultural commodities, including cotton, cocoa, coffee, and sugar, rallied after US politicians made up a deal that will help to avoid the so-called fiscal cliff. Markets were overjoyed to hear such news after a long time of uncertainty and fear. The Standard & Poor's GSCI Spot Index of commodities climbed as much as 1.6 percent. Orange juice did not join the rally as a forecast promised favorable weather in Brazil. Previously, [...] |
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