News International Sugar Journal

Cargil and Copersucar to become top sugar trader [Registered]

US-based agribusiness trader Cargill and Brazil’s Copersucar recently announced that they are partnering to create the world’s biggest sugar trader. The venture will combine Cargill’s trading and logistics expertise and a global customer network that stretches from China to Thailand with supply from Copersucar’s vast network of 47 mills, which produces 10% of the world’s sugar exports. The deal will place Cargill and Copersucar ahead of their major trading competitors, Sucres et Denrees (Sucden), Louis Dreyfus and ED&F Man. Cargill will gain access to sugar in Brazil, the world’s top producer, without the financial burden of buying and operating assets,…

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