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Global raw sugar prices expected to rise 20% this year: Reuters poll | Hellenic Shipping News Worldwide

Global raw sugar prices expected to rise 20% this year: Reuters poll | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Brazil Centre , Output In Centre , International Sugar Organization , Centre South Brazil , Green Pool ,

Global raw sugar prices expected to rise 20% this year

Raw sugar prices are expected to post an annual gain of nearly 20% in 2024 as the global market shifts into a deficit in the upcoming season, a Reuters poll of 12 traders and analysts showed..
-February 14, 2024 at 07:27 am EST
- MarketScreener ....

Barbara Lewis , Maytaal Angel , Brazil Centre , International Sugar Organization , Output In Centre , Centre South Brazil ,

Global raw sugar prices expected to rise 20% this year: Reuters poll

Raw sugar prices are expected to post an annual gain of nearly 20% in 2024 as the global market shifts into a deficit in the upcoming season, a Reuters poll of 12 traders and analysts showed. Output in Centre-South Brazil, the leading production region, is expected to remain strong despite a modest drop in the cane crop with mills favouring production of the sweetener over biofuel ethanol. The poll's median estimate was for a global sugar surplus of 500,000 metric tons for the current 2023/24 season (October to September), which will flip into a deficit of 700,000 tons in 2024/25. ....

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Global Raw Sugar Prices Expected to Rise 20% This Year: Reuters Poll

Global Raw Sugar Prices Expected to Rise 20% This Year: Reuters Poll
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

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