Features International Sugar Journal

Monthly Snapshot May [Full subscriber]

Market overview Sugar glut continues to inform and depress prices. On 17th April, raw sugar price fell to 11.65 cents per pound – lowest since September 2015. The rise in global output is driven by good weather and government policies (particularly in India which is insensitive to market). The fall in prices was unaffected by the news of lower sugar output in Brazil as the prospect of some 6 million tonnes surplus in India and strong output in Thailand have been far more overwhelming. One minor silver lining amidst the price falls is that the London October‑New York July premium…

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