May 4, 2018July raw sugar settled down 0.06 cent, or 0.5 percent, at 11.69 cents per lb. Focus remained on a global supply glut, with commodity analyst Green Pool forecasting a combined sugar surplus of almost 25 million tonnes for the 2017-18 and 2018-19 seasons.
May 3, 2018The world’s sugar traders are experiencing the biggest ever global surplus. That’s according to Green Pool Commodity Specialists, which expects the glut to reach 18.4 million metric tons this season. The Brisbane, Australia-based researcher boosted its estimate by almost a quarter because of a massive increase in the sugar-cane area and yields in India, the No. 2 producer.
May 2, 2018For sugar, there’s no sweet ending in sight after a long period of declining prices. Australia-based consultancy Green Pool recently upped its surplus estimate by 43% to almost 15 million tons. The International Sugar Organization, the global trade body, sees a surplus of 5.2 million tons.
March 29, 2018Green Pool signalled further weakness ahead of sugar prices, lifting its forecasts for the world production surpluses this season and in 2018-19, and heralding a further one in 2019-20.
Green Pool provides an independent view of global sugar and biofuels markets through consultancy and market analysis.
At Green Pool, we provide economic and market analysis to a select client base of growers, processors, consumers, government, investors, traders and hedge funds. We pride ourselves on being independent and privately owned. Our analyst team is comprised of a mixture of commercial practitioners and academics up to Masters and PhD level.
This means that in addition to having very broad, real world commercial experience, we can give totally independent advice – something that we feel is crucially important. Consequently, we are able to work closely with our clients to tailor solutions that fit their specific and individual needs and objectives.
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5:45 pm, June 15, 2018Maryborough cane fields - with a little colour enhancement. Looks good. https://t.co/vy36gqBJU8
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