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Gap widens between US and world sugar futures

U.S. sugar prices are typically a few cents higher than the world rate due to government policies that restrict imports and support growers. But the gap blew out this year after the government threatened to slap taxes on imported Mexican

Sugar shortage in 2014~2015

Global output of raw sugar will fall short of demand by about 900,000 metric tons in the 12 months from October compared with a glut of 1.4 million tons in 2013-2014, Rabobank said in a quarterly report. While it’s too early

Sugar prices expected to increase on El Nino and short supply

Sugar is attempting to break out of its prolonged bear market. Raw sugar futures stood recently at 18.28 cents per pound, up from a low of 14.7 cents early this year. Even so, the current price is only half of

Sugar price update

Sugar price update

Sugar Feb 24, 2014

Sugar for March up 2.4% at 16.72c/lb Friday after International Sugar Organization predicted global sugar production would fall for 1st time in 5 year. Via Propurchaser.com

Coffee and sugar futures soaring

Coffee and sugar futures soared on Friday on concerns that recent hot and dry weather in Brazil, the source of one-third of the world’s coffee, could crimp the output this year. Brazil had the hottest January ever and the least

Sugar global glut to continue in 2014

Raw sugar futures, down 15 percent this year, are heading for a third annual decline, the longest slump since 1992. Prices slid as producers from Brazil to Australia, the third-biggest shipper, boosted output after futures reached a 30-year high in

Sugar at 2-month low as global glut continues

After a temporary jump last month due to Copersucar‘s terminal facilities fire, the raw-sugar futures fell 0.6% Friday, their lowest level since Sept. 19, to end at 17.40 cents a pound on the ICE Futures U.S. exchange as dry weather

Sugar prices surge after Brazil terminal fire

Brazilian sugar giant Copersucar‘s terminal facilities in the port of Santos, Brazil, were wiped out last friday, destroying some 180,000 tons of sugar in the process, around 10 percent of Brazil’s total monthly sugar exports. As a consequence sugar price