Features International Sugar Journal

Monthly Snapshot May [Registered]

Market Overview With the Brazilian President Dilma Rousseff losing out on the vote to impeach her by the lower house, it is only a matter of time before the upper house, the Senate suspends her in May while it carries out a formal trial. As the Commonwealth Bank of Australia’s analyst Tobin Gorey suggests, there are bound to be number of implications for the sugar market as Brazil’s parliament removes the current President and ushers in a new government. “One is further strength in the Brazilian Real that would make sugar production less attractive. Another is whether or not the…

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