Features International Sugar Journal

Monthly Snapshot December [Full subscriber]

Market Overview As we head towards 2020, it is apparent that market fundamentals have restrained any significant sway in prices. Over the past year, the nearby sugar futures have traded between USc 10.8/lb and USc 13.4/lb. On 21st November, March 20 raw sugar futures in New York traded at USc 12.75/lb. Lull in the market over the past month has betrayed the prospect of any dramatic upturn in the foreseeable future. While the recent cold snap in the beet sugar producing region in USA supported a mildly bullish sentiment as it is likely to result in a drop in output…

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