Features International Sugar Journal

Monthly Snapshot January [Full subscriber]

March raw sugar settled at 20.33 cents per lb by 1245 GMT on Dec. 19, while the March white sugar settled at US$557.40/tonne. March raws 2.5% in the previous week and hit its highest in nearly six years at 20.73 cents. Dealers said that March sugar is being boosted by rain-affected crops in Brazil, Australia and Central America and a fall in sugar production in the EU. March white sugar settled at US$557.40/tonne on the 19th. Global sugar balance (million tonnes) Most Brazilian mills have shut down cane crushing for the 22/23 season, leaving millions of tonnes of raw material…

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