• Reuters - Sugar retreats from 5-week high Reuters - Sugar retreats from 5-week high

    March 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

    Jan 3, 2018

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  • Green Pool lifts forecast for world sugar supplies again, to 15-year high Green Pool lifts forecast for world sugar supplies again, to 15-year high

    Green 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.

    Jan 3, 2018

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  • World sugar dynamics 'worst', for bulls, in at least 12 years, says Green Pool World sugar dynamics 'worst', for bulls, in at least 12 years, says Green Pool

    World sugar dynamics are the “worst” - for bulls – in at least 12 years, Green Pool said, hiking its estimate of the global output surplus, and hinting at the potential for further growth in stocks “into 2018-19 and perhaps beyond”.

    Nov 1, 2017

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  • SUGAR OUTLOOK TURNS SOUR SUGAR OUTLOOK TURNS SOUR

    The global sugar surplus is expanding as Brazil, Thailand and the European Union drive world production to record, according to Green Pool Commodity Specialists. Supplies will outpace demand by 7.1 million metric tons in the 2017-18 season that starts in October in most countries, a 29 percent increase from a May forecast.

    Aug 24, 2017

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  • Green Pool Boosts 2017-18 Sugar Forecast by 28% Green Pool Boosts 2017-18 Sugar Forecast by 28%

    Commodities consultancy Green Pool increased its estimate for global sugar production in 2017-18 by 28% to a 7.14 million metric ton surplus compared with its previous forecast in early May.

    Aug 23, 2017

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  • Green Pool flags double trouble for sugar demand hopes Green Pool flags double trouble for sugar demand hopes

    Green Pool highlighted the threat to sugar consumption from the likes of health concerns and rival sweeteners as it raised by 837,000 tonnes its forecast for the looming world sugar production surplus. The Australia-based sugar consultancy revised up to 5.55m tonnes its forecast for the global output surplus in 2017-18, taking it to the largest since 2013-14.

    Jul 3, 2017

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  • War on Sugar Turns Years of Growth Into Market Tipping Point War on Sugar Turns Years of Growth Into Market Tipping Point

    It’s not this year’s price crash that haunts the $150 billion sugar industry. It’s the fear of worse to come. Raw sugar’s 16 percent drop ranks it bottom of the 22 raw materials on the Bloomberg Commodity Index. Shocks to demand in top consumer India and prospects of more European supply are helping shift the market to a surplus, hurting prices. Yet beyond such market dampeners, hang darker clouds. After decades of stable demand growth, almost doubling per person since 1960, the world is heading for a tipping point as shoppers turn against the cola and candy blamed for an obesity epidemic in the rich world. At the same time, sugar has to compete with cheap syrups increasingly used in processed food. "Growth is not what it’s been," Tom McNeill, managing director of Green Pool, said in an interview. "There is undoubtedly a move by global bottlers and by a lot of global food manufacturers to reduce the sugar content in their products."

    May 24, 2017

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  • 'War on sugar' takes toll; Asia, Brazil struggle to make up shortfall 'War on sugar' takes toll; Asia, Brazil struggle to make up shortfall

    The "war on sugar" being waged by governments and consumers to combat public health emergencies like diabetes is slowing growth in global demand, which along with other factors could signal a fundamental shift in consumption ahead. Consumption may grow at its slowest pace in seven years in 2017/18, according to analyst group Platts Kingsman. It forecasts a rise of 1.04 percent, nearly half the average growth of about 2 percent per year over the last decade. "Consumption is generally stagnating in developed countries," Tom McNeill, director at commodity analyst group Green Pool, told Reuters.

    May 24, 2017

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