Features International Sugar Journal

Monthly Snapshot June [Full subscriber]

Market Overview With global stock levels still at low levels, the sugar price is reasonably vulnerable to price swings should weather and/or crop conditions in Brazil deteriorate during the season. Whilst at this stage there appears to be only an outside chance of this happening, traders will doubtless be bearing this in mind. The prospect of global production climbing and outstripping demand in the upcoming 2017/18 season has been enough to put significant pressure on prices. In their latest update, the analyst FO Licht has raised the 2017/18 surplus to 2.7 million tonnes. Sugar prices may have bottomed out on…

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