International Sugar Market Report 16th June 2017

back to homepage

New York and London were lower and made new lows for the move. The potential for a big increase in production and Sugar available to the market this year after a short year last year continues to be the overriding issue in the minds of traders. Demand should see a short term increase soon as Ramadan is ending. That could create some new buying interest as stocks in Moslem countries are probably a little low. However, the market remains more interested in the production potential now in Brasil and in a few months from northern countries and also India and Thailand. Ideas are that world Sugar production will be higher as long as Brazil keeps the current production mix together.

Please Login to complete View

Register