Features International Sugar Journal

Monthly Snapshot March [Full subscriber]

Market Overview On 19th February, raw sugar for May delivery dropped 1.4% to close at 12.67 cents a pound on the ICE Futures U.S. exchange, the lowest close for the most active contract since 29 September 2015. It is becoming clear that despite analysts predicting supply deficit in the coming year, the joker in the pack appears to be gradual erosion of demand via the demonization of sugar, not only in the West but also the emerging economies. In Mexico the purchase of taxed sugary drinks fell 6% on average in 2014 compared with before the tax, and this trend…

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