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Brazil fire destroys one of world's biggest sugar terminals
Reuters ^

Posted on 10/19/2013 3:55:21 AM PDT by nuconvert

A fire ravaged Copersucar's sugar terminal in Brazil on Friday, paralyzing operations of the world's biggest sugar trader and putting 10 million tonnes of export capacity offline for six months or more.

The fire hit all of Copersucar's warehouses at the Santos port, igniting 180,000 tonnes of sugar - roughly 10 percent of Brazil's monthly sugar exports - and driving prices of the sweetener to a one-year high on global markets.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Foreign Affairs; News/Current Events
KEYWORDS: brazil; copersucar; sugar

1 posted on 10/19/2013 3:55:21 AM PDT by nuconvert
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To: nuconvert

There goes the price of M&M’s and Milky Way Bars. Heh.


2 posted on 10/19/2013 3:58:36 AM PDT by carriage_hill (Peace is that brief glorious moment in history, when everybody stands around reloading.)
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Might want to buy holiday baking sugar now.


3 posted on 10/19/2013 4:16:41 AM PDT by nuconvert ( Khomeini promised change too // Hail, Chairman O)
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To: nuconvert

Now they can export ready made caramel. Just need some nugget to poor it over.

By the way, where can I buy some nugget. I don’t want the caramel and chocolate covered nugget. I just want plain nugget.


4 posted on 10/19/2013 4:30:32 AM PDT by VerySadAmerican (".....Barrack, and the horse Mohammed rode in on.")
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To: nuconvert

Just told the wife about this and she said so what, the bag in the pantrys 2 years old and we still haven’t opened it. We don’t eat sweets.


5 posted on 10/19/2013 4:41:00 AM PDT by Dusty Road
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To: nuconvert

Michael Moore, hysterical.


6 posted on 10/19/2013 4:45:28 AM PDT by Hardastarboard (You can keep your doctor - if you lock him in your basement.)
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To: Kartographer

FYI


7 posted on 10/19/2013 4:54:29 AM PDT by goodwithagun (My gun has killed fewer people than Ted Kennedy's car.)
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To: Hardastarboard

Too Funny :)


8 posted on 10/19/2013 5:39:34 AM PDT by DanZ
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To: VerySadAmerican

Nougat


9 posted on 10/19/2013 6:04:46 AM PDT by ecomcon
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To: nuconvert

My wife bought it last week and the inadvertently bought it again.

We now have a considerable stored surplus.

If it goes high enough we might even be rich!!


10 posted on 10/19/2013 6:09:00 AM PDT by bert ((K.E. N.P. N.C. +12 ..... Travon... Felony assault and battery hate crime)
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To: nuconvert
Brazil fire destroys one of world's biggest sugar terminals

which has now become one of the world's biggest caramel apple facilities.

11 posted on 10/19/2013 6:10:45 AM PDT by Uncle Chip
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To: Uncle Chip

Sugar when burned leaves carbon deposit. that carbon deposit under pressure makes diamonds.

at the bottom of all the black one might find diamonds.


12 posted on 10/19/2013 6:13:36 AM PDT by bert ((K.E. N.P. N.C. +12 ..... Travon... Felony assault and battery hate crime)
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To: nuconvert

Gat more high fructose corn syrup. Yuck!


13 posted on 10/19/2013 6:38:44 AM PDT by onedoug
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To: bert

Use it for camning Jam. I made Piña Colada Jam yesterday. Very good.


14 posted on 10/19/2013 7:04:23 AM PDT by Pit1 (Obama is the big pile in the road.)
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To: nuconvert

The sugar market is nuts. And the US is very protectionist of its sugar industry. So much so that the big food processing companies, a few years ago, when there looked like there might be a domestic shortage, sent a letter begging the government to allow more imports.

The trouble was, that so many countries produce so much sugar, that they would sell it for almost nothing just to penetrate the US market, even briefly. It was just loopy.


15 posted on 10/19/2013 7:14:54 AM PDT by yefragetuwrabrumuy (Welfare is the new euphemism for Eugenics.)
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