Features International Sugar Journal

Monthly Snapshot March [Full subscriber]

Raw sugar futures on ICE rose to the highest level in nearly four years on 19th February with the March contract rising to 17.91 cents/lb by 1202 GMT after peaking at 17.96 cents, the highest for the front month since March 2017. May white sugar futures contract rose US$9.70 to US$473.20 per tonne; the intraday hit a contract high of US$473.70. Dealers said talk that Brazil’s harvest may start a bit later than normal had added to concerns about tight supplies while there had also been delays to Indian exports driven partly by a shortage of containers and reduced availability…

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