Cosen jumps as U.S. government plans duties on imported Mexican sugar

Fuel distributor Cosen (CZZ +4.6%) is sharply higher following news that the U.S. government may tax imports of Mexican sugar at fees as high as 17%.

U.S. sugar prices are up 18% since March, ending yesterday at a nearly two-year high of 26.35 cents/pound.

CZZ is active in the production and sale of ethanol and other products derived from sugarcane.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs