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China sugar makes for even more bearish global market The end of the October raw sugar contract delivered only 600,000 tonnes and finished at 19.85 US cents a pound.
Oct 3, 2012
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Sugar premiums defy Brazil crop; coffee cautious "There's always a bit of a readjustment to physical values in the week or two after a contract expires. With almost 600,000 tonnes delivered, that sugar will be shipped over the next month or two, in addition to new production," said Tom McNeill, director of Green Pool, a commodities analyst in Brisbane.
Oct 1, 2012
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Sugar Seen Extending Bearish Run in Third Year of Glut, ISO Says Sugar, the third worst performing commodity this year, will be under “pressure” as global production exceeds demand for a third year in 2012-2013, according to the International Sugar Organization. “Supply will be quite heavy for the market over the next two-three quarters,” said Tom McNeill, a director at the Brisbane, Australia-based researcher Green Pool Commodity Specialists Pty.
Sep 26, 2012
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Asia Faces Sugar Deficit on Smaller Indian Crop, Green Pool Says
The sugar market in Asia will probably swing to a deficit in 2012-2013 as dry weather cuts the harvest in India, the world’s second-largest producer, according to Green Pool Commodity Specialists Pty.
Sep 25, 2012
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US dollar sweetens sugar prices
Despite sugar being largely traded in US dollars, commodity analyst Tom McNeill says with the Australian currency strengthening there was some dulling in the lustre of sugar prices.
Sep 18, 2012
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India, Thai Sugar Output Set to Fall: Green Pool
Sugar production in India and Thailand in the 2012-2013 crop year will probably be less than expected because of dry weather, according to Green Pool Commodity Specialists Pty.
Sep 10, 2012
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Sugar prices start to pick up
After trending downward for the last five weeks, sugar prices have had a slight rally.
Sep 3, 2012
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Brazilian Sugar At Ports Drops 10% In A Week On Dryness
The amount of sugar waiting to be loaded at the main ports in Brazil, the largest producer, dropped 10 percent in the past week as dry weather helped loading... China, the world’s second-biggest sugar consumer after India, diverted about 370,000 tons of planned imports to other destinations, researcher Green Pool Commodity Specialists Pty Ltd. estimated on Aug. 20.
Aug 30, 2012
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Thai Raw-Sugar Premium Jumps as Supplies Sold, Green Pool Says
The raw-sugar premium on shipments from Thailand, the second-largest exporter, advanced as most supplies have been sold ahead of the next harvest, according to Green Pool Commodity Specialists Pty Ltd.
Aug 27, 2012
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Sugar Rebounds On Speculation Prices Fell Too Far; Coffee Rises
Sugar rose for a second day in New York on speculation prices fell too far following the longest losing streak in at least 51 years. “Technically the market is oversold, and seems ready for a bounce,” Tom McNeill, a director at Green Pool Commodity Specialists Pty Ltd. said in a report e-mailed today.
Aug 20, 2012
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