• 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

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  • 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

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  • Sugar markets faces first of 'several' sugar deficit years Sugar markets faces first of 'several' sugar deficit years

    The world sugar market is poised for the first of what could be "several years" of production shortfall, as the poor finances of many mills finally hits home, Green Pool said. The Australia-based analysis group, the day after lifting its forecast for the global sugar output surplus in 2014-15 to 1.73m tonnes, said in its first forecast for next season that the market faces a deficit of 5.02m tonnes.

    Jan 29, 2015

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  • Green Pool lifts bar on hopes for world sugar surplus Green Pool lifts bar on hopes for world sugar surplus

    Green Pool urged caution to investors over allowing "coffee panic" at Brazilian drought to spread to thinking on sugar as the analysis group lifted its forecast for the world production surplus in the sweetener. Australia-based Green Pool said that one of the main lessons so far of 2014-15 is that coffee and sugar are "very different crops", as highlighted by their differing sensitivity to last year's drought in central Brazil.

    Jan 28, 2015

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  • Green Pool lifts bar on hopes for world sugar surplus Green Pool lifts bar on hopes for world sugar surplus

    Green Pool urged caution to investors over allowing "coffee panic" at Brazilian drought to spread to thinking on sugar as the analysis group lifted its forecast for the world production surplus in the sweetener. Australia-based Green Pool said that one of the main lessons so far of 2014-15 is that coffee and sugar are "very different crops", as highlighted by their differing sensitivity to last year's drought in central Brazil.

    Jan 28, 2015

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  • SOFTS-NY cocoa steadies near one-year low, sugar dips SOFTS-NY cocoa steadies near one-year low, sugar dips

    * Cocoa market digests poor grind data * Sugar, coffee trade closely track weather in Brazil By David Brough LONDON, Jan 27 (Reuters) - New York cocoa futures steadied on Tuesday near a one-year low as traders digested weaker than expected grind data, while raw sugar eased on chart-based selling, with a focus on the weather in top grower Brazil. Arabica coffee futures firmed, underpinned by a softer dollar, correcting up from Friday's six-month low despite forecasts for more rain in Brazil's coffee belt.

    Jan 27, 2015

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