News

Elizabeth Gilbert

Oct 17, 2024

Sugar Prices Dip as Record Brazilian Exports Weigh on Market

Sugar Prices Dip as Record Brazilian Exports Weigh on Market

ICE Futures US

Sugar prices saw slight losses, with a drop to €0.5072/kg for raw sugar. Brazil set a new export record in September, which is adding pressure to the market.

Forecast

Short-term price declines are likely due to large production volumes and strong Brazilian exports.







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