sugar

Annual net profit falls 5 pct smallest in nine years
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A deterioration in US-China relations under Trump could also lead Beijing to dig in deeper in Cuba, some analysts say.
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White sugar and robusta coffee futures edged higher on Monday while London cocoa eased in thin conditions due to the closure of New York-based contracts for Presidents Day. Raw sugar, arabica coffee and New York cocoa markets will reopen on Tuesday. SUGAR * White sugar futures crept up with May closing $4.20, or 0.8 percent, higher at $554.30 a tonne. * Traders said the market lacked…
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Sugar reduction in Europe as a whole had reached 12% between 2000 - 2015, encouraged by consumer demand for lower sugar content.
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Sugar prices have been attractive for Brazil's cane sector, which has maximized the production of the sweetener at the expense of ethanol production.
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May white sugar fell $2.70, or 0.49 percent,
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According to Angel Commodities, expect sugar prices to trade higher on anticipation of further increase in demand from the stockists on news that India needs to import sugar later in the season.
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Dealers said sugar had been boosted by the strength of the whites market, noting the whites premium had risen significantly in the last few days.
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The amount Russia can ship out will be among topics discussed by traders, analysts, refiners and shipping firms gathering in Dubai from Sunday.
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Cane Production for 2016 season was 1.39 million tonnes with a production of 140,000 tonnes of sugar compared to 1.86 million tonnes of cane and 222,000 tonnes of sugar in 2015.
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Global supplies will outpace demand by about 1 to 3 mt in 2017-18
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Opponents of U.S. sugar policy have argued that U.S. barriers to imports keep sugar prices abnormally high in the U.S. and contribute to companies that use lots of the sweetener plants to Mexico.
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Counting on next season’s return to surplus to buy your sugar cheap? You may want to hedge your bets.
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Market can’t handle another major weather event, Sucden says
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Sugar bulls received a double fillip when both Fitch Ratings and BTG Pactual unveiled upbeat outlook for prices of the sweetener, flagging this a boost too to prospects for Brazil's cane milllers
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According to Angel Commodities, expect sugar prices to trade sideways as the prices have reached highest levels in the year and there is an expectation of consolidation at this level.
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A rally that took raw sugar prices to a more than four-year high in late 2016 is expected to run out of steam this year as Brazil’s main producing region looked set for record output that will reduce a world supply deficit, a Reuters poll showed. The deficit will disappear in the upcoming 2017/18 crop year, according to the median estimate from Reuters’ poll of 18 traders, analysts and…
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