sugar Archives

Sugar Prices Hit Record Highs Amid Global Supply Concerns

Posted on 27. September 2024

This week, the price of… Please register or login to a BASIC membership to read more. Gain access to: Limited free articles, Current price charts, World production charts (maps, statistics…) […]

Sunflower and Corn Yields Drop, But Soybeans and Sugar Beets Surge in the EU

Posted on 24. September 2024

MARS Lowers EU Corn and… Please register or login to a BASIC membership to read more. Gain access to: Limited free articles, Current price charts, World production charts (maps, statistics…) […]

September Rains Could Decide India’s Sugar Export Limits

Posted on 20. September 2024

Why the Government Is Playing… Please register or login to a BASIC membership to read more. Gain access to: Limited free articles, Current price charts, World production charts (maps, statistics…) […]

Sugar: Supportive Scenario Brings Microclimate and Delivery Factors, Says Hedgepoint

Posted on 19. September 2024

The sugar market in Brazil… Please register or login to a BASIC membership to read more. Gain access to: Limited free articles, Current price charts, World production charts (maps, statistics…) […]

Sugar Prices Ease Slightly – Brazil Sets Record Exports

Südzucker Has to Issue a Profit Warning: Trade Cuts Sugar Prices Significantly

Posted on 17. September 2024

Sugar is one of the… Please register or login to a BASIC membership to read more. Gain access to: Limited free articles, Current price charts, World production charts (maps, statistics…) […]

Sugar: Price Decline Despite Supply Shortages

Major Sugar Price Cut by Türkşeker: Discount and Installment Options Announced

Posted on 16. September 2024

As a prominent agricultural news… Please register or login to a BASIC membership to read more. Gain access to: Limited free articles, Current price charts, World production charts (maps, statistics…) […]

Raw Sugar Prices Face Resistance at 20c/lb Mark Raw sugar prices continue to struggle in their attempt to break through the 20 cents per pound resistance level, despite some positive signals. According to Lívea Coda, a Sugar and Ethanol Analyst at Hedgepoint Global Markets, "Last week, weakness in the energy sector and broader macroeconomic concerns overshadowed some of the bullish signals that had emerged." While sugar prices did see a modest increase after the dollar correction on September 6, triggered by weaker-than-expected U.S. employment data for August, the market remained weighed down by other factors. Notably, the recent news of India potentially banning sugar exports did not have the expected impact, and prices ended the week lower. India's Role in Global Sugar Trade India, the world's second-largest sugar producer after Brazil's Center-South region, has reignited a central question in the market: Will India export sugar this season? The Indian government has indicated its intention to ban exports, aiming to meet its goal of achieving a 20% ethanol blending target by the 2025/26 season. However, the global trade consensus suggests that India’s participation in the sugar market is crucial, especially after Brazil's production took a hit due to recent drought conditions. "The lack of a final decision leaves room for the market, and for us, to remain cautiously optimistic about potential Indian exports, which could ease some of the supply squeeze during the Brazilian off-season," Coda notes. Indian Export Potential Tied to Prices For India to consider exporting sugar, prices would need to rise above the 20c/lb mark. Given the domestic pricing situation and the expected deficit in global trade flows, Indian mills may demand a premium, potentially pushing export parity above 21c/lb. "If the market is willing to pay, wouldn’t the government feel pressured to allow exports?" Coda asks. This is a possibility, particularly if production exceeds estimates, as was the case last season when many predicted a crop below 30 Mt due to the worst August monsoon in a century. However, production ultimately came in at 32 Mt, factoring in ethanol diversion. Cautious Optimism Prevails Despite the uncertainty, market experts remain cautiously optimistic. "A word of caution, however: if any export permission is granted, it will likely come after the new season starts and gains momentum," Coda warns.

Global Sugar Prices Struggle Amid Uncertainty Over Indian Exports and Market Pressures

Posted on 12. September 2024

Raw Sugar Prices Face Resistance… Please register or login to a BASIC membership to read more. Gain access to: Limited free articles, Current price charts, World production charts (maps, statistics…) […]

India’s Sugar Export Policy – A Cautious Wait Until December

Posted on 10. September 2024

Government Delays Sugar Exports Until… Please register or login to a BASIC membership to read more. Gain access to: Limited free articles, Current price charts, World production charts (maps, statistics…) […]

Global Sugar Prices Drop Amid Rising Cane Production Forecasts

Posted on 9. September 2024

The global sugar market is… Please register or login to a BASIC membership to read more. Gain access to: Limited free articles, Current price charts, World production charts (maps, statistics…) […]

Sugar Prices Supported by Droughts and Wildfires in Brazil

Posted on 6. September 2024

Sugar prices are moderately higher today. The October raw sugar contract settled up 0.11 cent, or 0.6%, at 19.49 cents per lb. The October white sugar contract rose 1.8% […]

« 1 2 3 4 5 … 10 »

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.