News

Elizabeth Gilbert

Oct 15, 2024

Sugar Prices Ease Slightly – Brazil Sets Record Exports

Sugar Prices Ease Slightly – Brazil Sets Record Exports

Current Prices

Raw sugar on ICE Futures US fell to €0.51/kg, while white sugar on the London Exchange traded at €0.53-0.54/kg.

Forecast

Despite record exports from Brazil and the resulting price drops, ongoing drought and fire conditions in Brazilian sugarcane regions could lead to future supply shortages, potentially stabilising or raising prices.





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