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Commodity trader ED&F Man Holdings Ltd. plans to sell underperforming sugar assets, a list expected to include a

Thursday, June 27, 2019
Commodity trader ED&F Man Holdings Ltd. plans to sell underperforming sugar assets, a list expected to include a

Commodity trader ED&F Man Holdings Ltd. plans to sell underperforming sugar assets, a list expected to include a sugar beet-processing plant in Ukraine, reports Bloomberg. Sugar traders have struggled to make money after bumper crops in India and Thailand depressed prices and curbed volatility. After world sugar prices hit a 10-year low last August, many Ukrainian farmers cut their sugar beet plantings this spring. Ukraine is the world’s 10th largest sugar producer.

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In a replay of Russia’s trade war against Georgia of a decade ago, Russian authorities are moving to ban imports of Georgian wines

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