News International Sugar Journal

Deustche Bank sees sugar price rising later this year [Registered]

In their latest outlook, Deutsche Bank recommends that investors buy into the “compelling” sugar market, which could offer gains of 25%. The bank is rather sanguine over the current gloom regarding raw sugar futures, which is currently hovering around 17.50 cents. Expectations of sizeable production in Brazil, which is beginning its 2013-14 crushing season, may prove unfounded if weather delays the cane harvest, with the limited surplus of processing capacity limiting mills’ ability to catch-up on losses later in the year. According to Conab, the statistical authority for the agricultural sector, cane output in centre-south is set to rise to…

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