• China sugar import curbs may prompt rise in smuggling China sugar import curbs may prompt rise in smuggling

    Psst. Fancy a few kilos of demerara on the cheap? China may find itself targeted by sugar smugglers thanks to the restrictions that the country has placed on tariff-free imports at a time when its own prices of the sweetener are far higher than those of the world market, Rabobank warned.

    Apr 6, 2015

    Read more
  • Growers feel the pinch as global sugar price falls below 12 cents per pound Growers feel the pinch as global sugar price falls below 12 cents per pound

    Cane growers are feeling the pressure as the global sugar price continues to fall. The price for raw sugar fell to 11.97 US cents per pound overnight, the first time in six years it has fallen below 12 cents. Canegrowers Queensland chair Paul Schembri said if the price remains in the doldrums, the industry would be hit hard.

    Apr 1, 2015

    Read more
  • Sugar hits 6-year low, as Green Pool ups output forecast Sugar hits 6-year low, as Green Pool ups output forecast

    Sugar prices fell, hitting a six-year low at one point, as Green Pool slashed by 2m tonnes its forecast for the world production deficit next season, citing sharply improved prospects for Brazilian production.

    Mar 30, 2015

    Read more
  • SOFTS-Raw sugar recovers after slide, arabicas rally SOFTS-Raw sugar recovers after slide, arabicas rally

    * Weak real currency caps sugar, coffee * Indian mills' call for further subsidies weighs on sugar By David Brough LONDON, March 16 (Reuters) - Raw sugar and arabica coffee futures rose on Monday after falling sharply on Friday as top grower Brazil's real currency sank to its weakest against the dollar in 12 years. Raw sugar futures rose on technically driven buying boosted by a softer dollar versus a basket of currencies after slumping five percent to a six-year low on Friday.

    Mar 17, 2015

    Read more
  • White sugar steadies, robustas hit 2-month high White sugar steadies, robustas hit 2-month high

    LONDON: White sugar futures steadied in thin trading with the US market shut for Presidents' Day on Monday, while robusta coffee hit a two-month high and cocoa dipped. Top sugar and coffee grower Brazil celebrated Carnival, so dealers expected light trading volumes throughout the session. Dealers spoke of a small delivery of 63,000 tonnes of Guatemalan white sugar against last Friday's expiry of the March contract.

    Feb 16, 2015

    Read more
  • Sugar seen bullish as four years of sliding prices hurt crop Sugar seen bullish as four years of sliding prices hurt crop

    [BANGKOK] The sugar market is set to turn bullish as four years of declining prices curb production, worsening shortages through 2017-2018, said commodity trader Group Sopex. World output will expand 1.8 per cent to 183.2 million metric tons in three years, while demand will grow 7.9 per cent to 194.7 million tons, widening the gap to 11.5 million tons, said analyst John Stansfield, who has studied sugar for two decades. He expects a deficit of about 700,000 tons this season, the first since 2010-2011. Futures slumped to a four-year low last month after global reserves climbed to a record. The trend may be turning, with Kingsman SA and Green Pool Commodity Specialists Pty also forecasting shortages next year. Morgan Stanley and Rabobank International predict prices will increase on reduced planting and higher ethanol output in Brazil, the top sugar supplier. "We definitely appear to have found the bottom of the market," said Mr Stansfield, a former analyst at Vitol Services Ltd and Olam International Ltd. "We expect the market will be bullish in the next three to four months," he said in an interview in Bangkok on Wednesday.

    Feb 15, 2015

    Read more