July 9, 2018Surging ethanol stockpiles and tumbling prices for the biofuel risk bringing back more sugar production in top grower Brazil. “Prices have been coming down, ethanol stocks are building. Demand is strong but is probably not sufficient to clear the stocks,” said Tom McNeill, a director at Brisbane, Australia-based researcher Green Pool Commodity Specialists. “I think this assumption that everyone has made that maximum ethanol is absolutely locked in could be challenged within the next three months.”
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.
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.
6:09 pm, July 17, 2018India's ISMA says that India's 18/19 cane crop could yield 35 - 35.5 mln mt sugar, depending on monsoon rainfall. T… https://t.co/wIRy9CUbYW
4:30 pm, July 13, 2018The World Is Dealing With a Massive Sugar Glut https://t.co/glgZELVUm6
4:22 pm, July 4, 2018
7:27 pm, July 3, 2018Sugar prices pummeled in Monday's session, the first after expiry of July 18 raws contract. Market seemed to see ex… https://t.co/3ImrNjmklU
12:49 pm, June 19, 2018U.S., China trade fight 'will lead to serious consequences': Cargill https://t.co/pRcBM5ZRwj