• Thai Sugar Offered at Discount to New York, Green Pool Says Thai Sugar Offered at Discount to New York, Green Pool Says

    By Supunnabul Suwannakij July 30 (Bloomberg) -- High-polarization variety for prompt delivery offered this week at 0.2c/lb below October contract in New York and bid at a discount of 0.5c/lb, according to Green Pool Commodity Specialists.

    Jul 30, 2014

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  • El Nino Seen by Forecasters Weak or Delayed for Months El Nino Seen by Forecasters Weak or Delayed for Months

    El Nino will probably develop as a weak event in late summer or early fall in the Northern Hemisphere, according to MDA Weather Services, while Commodity Weather Group LLC said it may be delayed for several months as the warming of the Pacific Ocean slows. Palm oil futures fell. A drier pattern in Southeast Asia and eastern Australia, and lower monsoon rainfall in India are signs of an El Nino-like event, Donald Keeney, an MDA meteorologist, said by e-mail from Gaithersburg, Maryland. Tropical waters that warmed to near an El Nino threshold about a month ago have cooled and are still neutral, according to CWG’s David Streit.

    Jul 27, 2014

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  • UPDATE 2-Brazil sugar output steady despite rains in early July -Unica UPDATE 2-Brazil sugar output steady despite rains in early July -Unica

    (Reuters) - Sugar output from the world's biggest exporter of the commodity Brazil stayed unexpectedly strong in the first half of July despite a few days of rain that typically slows harvesting, the cane industry said on Thursday. After futures markets looked past the otherwise bullish news of a 6 percent drop in cane crushing versus late June due to rain, the New York ICE sugar front month contract pared back early gains on the surprisingly strong sugar output.

    Jul 24, 2014

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  • Rains due to drench Brazil coffee, sugar cane harvests Rains due to drench Brazil coffee, sugar cane harvests

    Reuters) - Harvest of the world's biggest coffee and sugar cane crops may be stalled by the four to five days of rain that are in store for southeast Brazil starting Thursday, forecasters said on Tuesday. Brazil is in the midst of its dry period, which starts in May and runs into September and coincides with the peak harvest periods for sugar cane and coffee in the region.

    Jul 22, 2014

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  • India 'may take centre stage' in sugar markets India 'may take centre stage' in sugar markets

    Futures pricing suggests that India may take an unusually high profile in the sugar market next season, making the market potentially more sensitive to the monsoon than many investors believe. ED&F Man, while raising by 400,000 tonnes to 2.8m tonnes its forecast for the world sugar production surplus in 2014-15, highlighted the "very poor" start to the monsoon in India, the second-ranked producer of the sweetener, and top consumer.

    Jul 3, 2014

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  • India Posts Lowest June Rainfall in Five Years as El Nino Looms India Posts Lowest June Rainfall in Five Years as El Nino Looms

    India, the world’s second-biggest rice, sugar and cotton grower, recorded the lowest June rainfall since 2009 amid predictions for an El Nino that previously caused droughts and cut crop output, the government forecaster said. The country got 92.4 millimeters (3.6 inches) of rain last month, or 43 percent less than the average between 1951 and 2000, the India Meteorological Department said yesterday on its website. The monsoon has made no progress over India’s western and central regions since June 15.

    Jun 30, 2014

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