Features International Sugar Journal

Monthly Snapshot February [Full subscriber]

Market overview Market fundamentals will continue to inform minor ups and downs in the bear market awash with the global surplus and replenished stocks. A combination of declining demand from health-conscious consumers in Western countries, plus a spillover of the over-supply from the last two years, is widely predicted to keep sugar prices from having a substantial rally in 2019. March raw sugar settled down 0.32 cent, or 2.4 percent, at 12.85 cents per lb on 17th January. Prices peaked at 13.27 cents on 15th January, their highest since Nov. 5, boosted by speculative short-covering and after indications suggest that…

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