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Brazil Ethanol Tax Cut Won’t Be Enough to End Sugar Surplus An ethanol tax cut in Brazil, the world’s largest sugar producer, won’t be enough to avoid a fourth annual surplus for the sweetener.
Mar 23, 2013
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Raw Sugar Falls as Decline in Bearish Bets Fails to Spur Rally
Sugar fell to the lowest level in almost a week in New York after prices failed to rally even as speculators reduced bets on lower prices.
Mar 18, 2013
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Brazil’s Sugar Exports Seen More Profitable Than Domestic Sales
Sugar exports from Brazil, the world’s largest producer, became more profitable than sales in the domestic market for the first time in about two months
Mar 12, 2013
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Brazil’s Raw-Sugar Premium Rises on Port Backlog, Higher Sales
Buyers of raw sugar from top grower Brazil are paying a larger premium for their sweetener after higher-than-expected sales from the South American nation and concerns about a port backlog, according to Green Pool Commodity Specialists Pty.
Mar 12, 2013
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Sugar Gains as Reduced Prices May Spur Demand
Sugar rose in London, rebounding from a second weekly drop, on speculation lower prices will spur demand at a time when millers in leading global producer Brazil may direct more cane to making ethanol.
Feb 18, 2013
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Australia’s Sugar Output to Rise 9.8% as Storm Brings Moisture
Sugar output in Australia, the world’s third-biggest exporter, will rise 9.8 percent this year as ex-tropical cyclone Oswald brought moisture to growing areas, according to Green Pool Commodity Specialists Pty.
Feb 12, 2013
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Sugar Rebounds as Bets on Lower Prices Reach Record; Cocoa Rises
Sugar rebounded in London and New York on speculation supplies from top producer Brazil are tighter than initially anticipated just as speculators’ bets on lower prices climbed to a record. Coffee fell and cocoa gained.
Jan 28, 2013
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Global sugar surplus estimates nearly double on output jump * Global sugar surplus widens to 85 mln T in 2012/13 * Good weather, high prices boost planting, supplies * NY front-month sugar seen at 19 U.S. cents/lb end-2013
Jan 25, 2013
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Cocoa Swings on Low Stockpiles, Better Crop Outlook; Sugar Falls
India’s sugar harvest “is unexpectedly ahead of last year’s progress, although growers in Maharashtra may have been tempted to push hard early to rescue what they could of a poor crop,” Tom McNeill, a director at Green Pool Commodity Specialists Pty in Brisbane, Australia, said in a report e- mailed today.
Jan 21, 2013
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Sugar price forecast not so sweet Sugar analyst Tom McNeill says returns for the next year are in the vicinity of $400 a tonne, which he says is reasonable but down on the last couple of seasons.
Jan 15, 2013
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