Christoph Eibl Quote


Sugar prices in the past few months have pulled back because of the weaker oil price. Now that oil is at around $70 a barrel, sugar has to follow.


by Christoph Eibl on Past

Sugar prices in the past few months have pulled back because of the weaker oil price. Now that oil is at around $70 a barrel, sugar has to follow.

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Christoph Eibl :

"Prices at these levels can't be justified based on fundamentals only. While we haven't seen the top of the market yet, the risk of prices collapsing is very high."

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Christoph Eibl :

"Sugar prices in the past few months have pulled back because of the weaker oil price. Now that oil is at around $70 a barrel, sugar has to follow."

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Christoph Eibl :

"Sugar prices are energy-driven; there's nothing else moving the market at the moment. It's all about the ethanol story."

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"Industrial demand for silver has been lagging significantly since it went over $11."

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"We're entering bubble territory. Prices have moved away from reality, and are no longer linked to fundamentals."

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