Features International Sugar Journal

Monthly Snapshot August [Full subscriber]

Market overview While the sugar market continues to hobble from glut and low prices, the industry is also distracted by major sugar exporters Brazil, Australia and Guatemala launching formal complaint at the WTO against India for alleged subsidies to its cane growers and export subsidies to help millers pay cane growers. India is unmoved, will keep the subsidies, but may tweak them. There is also the distant thunder of crude oil prices rising amidst tension caused by Iran by capturing a British-flagged oil tanker in the Strait of Hormuz at the mouth of the Gulf and has the potential to…

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