Sugar price reaches 28-year high 糖价达28年来新高

时间：2009-08-11 06:42:53

（单词翻译:单击）

The price of raw sugar has increased to its highest level since 1981, as supply concerns grow.

因供求关系变化，粗糖的价格自1981年以来达到最高水平。



Raw sugar futures1 added 3% on Monday, to finish the day at 22 cents a pound.

"The main problem is a deficit2（赤字，不足） in sugar supplies," said Nick Penney, a trader with Sucden Financial, a firm that focuses on sugar trading.

Growing demand in Brazil for sugar to be turned into ethanol（乙醇）, coupled with a sharp fall in Indian production, have both prompted worries, he explained.

Sugar production in India for 2008-09 fell 45% year-on-year, according to a report by Sucden.

And a "drastic（激烈的，猛烈的） fall" is expected for the coming Indian crop, it said.

India had less rain in the monsoon3 season（季风季节） and it was also uneven4（不平顺的，不均匀的）, damaging a number of agricultural crops.

There are concerns that the pending5 sugar crop, which will be ready around November, will be inadequate6.

"This [sugar market] train is running express," said Alex Oliveira, senior sugar analyst7 for Newedge USA in New York.

"It's feeding on itself."


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1 futures Isdz1Q     
n.期货，期货交易
参考例句：
  • He continued his operations in cotton futures.他继续进行棉花期货交易。
  • Cotton futures are selling at high prices.棉花期货交易的卖价是很高的。
2 deficit tmAzu     
n.亏空，亏损；赤字，逆差
参考例句：
  • The directors have reported a deficit of 2.5 million dollars.董事们报告赤字为250万美元。
  • We have a great deficit this year.我们今年有很大亏损。
3 monsoon 261zf     
n.季雨，季风，大雨
参考例句：
  • The monsoon rains started early this year.今年季雨降雨开始得早。
  • The main climate type in that region is monsoon.那个地区主要以季风气候为主要气候类型。
4 uneven akwwb     
adj.不平坦的，不规则的，不均匀的
参考例句：
  • The sidewalk is very uneven—be careful where you walk.这人行道凹凸不平—走路时请小心。
  • The country was noted for its uneven distribution of land resources.这个国家以土地资源分布不均匀出名。
5 pending uMFxw     
prep.直到，等待…期间；adj.待定的；迫近的
参考例句：
  • The lawsuit is still pending in the state court.这案子仍在州法庭等待定夺。
  • He knew my examination was pending.他知道我就要考试了。
6 inadequate 2kzyk     
adj.(for,to)不充足的，不适当的
参考例句：
  • The supply is inadequate to meet the demand.供不应求。
  • She was inadequate to the demands that were made on her.她还无力满足对她提出的各项要求。
7 analyst gw7zn     
n.分析家，化验员；心理分析学家
参考例句：
  • What can you contribute to the position of a market analyst?你有什么技能可有助于市场分析员的职务？
  • The analyst is required to interpolate values between standards.分析人员需要在这些标准中插入一些值。

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