Features International Sugar Journal

Monthly Snapshot November [Registered]

Market Overview  With the prospect of sugar surplus in 2017/18 widely acknowledged by analysts, it is not surprising to note, as Tobin Grey of the Commonwealth Bank of Australia states that “the interminable, directionless zig and zag in the sugar market,” will cast a long a shadow barring no major weather impact in the top producing countries. As Rabobank points out in its latest (Q3) quarterly report, “any support for prices arising from more Indian imports or hurricane damage to crops in Florida and the Caribbean appears to have been offset by the possibility of increased exports from Pakistan, a…

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