February 6, 2018The glut that’s plaguing the market this season will probably extend into 2018-19, with Green Pool Commodity Specialists forecasting a surplus of 5.4 million metric tons.
February 6, 2018Green Pool hinted at downbeat prospects for sugar prices as it raised its estimate for the production surplus for this season, forecast another stockbuild in 2018-19, and said a third one could be in the offing.
January 3, 2018March raw sugar settled down 0.02 cent, or 0.13 percent, at 15.31 cents per lb after peaking at 15.37 cents, its highest since Nov. 28. But focus on bearish fundamentals returned after closely-watched commodity analyst Green Pool on Wednesday raised its projections of a global surplus in 2017/18 to 10.43 million tonnes, up from a forecast of 9.8 million. [nL8N1OY1Q7
January 3, 2018Green Pool hinted at the potential for sugar price weakness as it lifted to a 15-year high its forecast for the extent of supplies of the sweetener, citing strong production prospects in the likes of India and Thailand. The Australian-based analysis group raised by 629,000 tonnes to 10.43m tonnes its forecast for the world sugar production surplus in 2017-18 - while reducing by 664,000 tonnes to 1.11m tonnes its estimate for the output shortfall last season.
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5:09 pm, February 19, 2018Pressure on raw sugar prices continued last week. A small uptick in consumption prospects seems tiny in comparison… https://t.co/pVH1HsXAB7
4:23 pm, February 1, 2018Raw sugar prices took a beating Wednesday, down 49 pts, erasing most of the gains since mid last week. The specs so… https://t.co/13xLRUSR0y
5:07 pm, January 30, 2018BOM Australia says cyclone may form from low in Coral Sea by Friday - looks like path would take it to North Queens… https://t.co/Z0V73Wg4Mg
4:37 pm, January 23, 2018Sugar cane & cane juice quite commonly consumed in parts of Asia. Here, street stall in Myanmar crushes sugarcane f… https://t.co/dv4tW9L42a
12:43 pm, January 19, 2018India seeing larger volumes of ethanol committed to the fuel sector (1.4 bln L) as govt-owned oil marketing compani… https://t.co/PLbtZaoIpI