International Sugar Market Report 20 Nov 2018

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Futures closed about unchanged in New York and lower in London. Ideas for world Sugarcane and Sugar beets production continue to work a little lower. Production losses are expected in India due to hot and dry weather earlier in the growing season and some recent reports of pest attacks. Industry sources noted less production and said that India will most likely have trouble meeting its export goals this year that range as high as 5 to 6 million tons. They will export, but not that much. Dry conditions continue in the EU, and Russia, but conditions are mostly good in Ukraine. Very good conditions are reported in Thailand. Brazil producers are worried about Cane production, and the market still talks about less production there this year

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