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sugar market

Raw sugar edges higher, arabica coffee also up
Markets

Raw sugar edges higher, arabica coffee also up

  • July raw sugar rose by 0.05 cent, or 0.3%, to 17.01 cents per lb.
  • July arabica coffee was up 0.05 cent, or 0.03%, at $1.4505 per lb.
  • July London cocoa rose by 22 pounds, or 1.3%, to 1,711 pounds a tonne.
Published 17 May, 2021 08:20pm
Pakistan delays decision in 50,000 tonnes sugar tender
Markets

Pakistan delays decision in 50,000 tonnes sugar tender

  • The tender had closed on Tuesday and the lowest offer was reported to be $447 a tonne c&f.
  • The Pakistan government in July 2020 approved sugar imports to meet a shortage and cool prices after production fell below consumption levels.
Published 30 Apr, 2021 05:28pm
Raw sugar slumps to three-month low, coffee also down
Markets

Raw sugar slumps to three-month low, coffee also down

  • May raw sugar fell by 0.12 cents, or 0.8%, to 15.07 cents per lb.
  • "The funds, who started the year in a very ebullient mood (on sugar), seem to be throwing in the towel as prices fall through key support levels," analyst Green Pool said in a weekly market update.
Published 29 Mar, 2021 06:46pm
Raw sugar futures rise, coffee also climbs
Markets

Raw sugar futures rise, coffee also climbs

  • May raw sugar rose by 0.08 cents, or 0.5%, to 15.17 cents per lb.
  • May arabica coffee rose by 2.05 cents, or 1.6%, to $1.2865 per lb. The contract dipped to a low of $1.2520 on Thursday, its weakest since Feb. 17.
Published 26 Mar, 2021 05:45pm
Raw sugar edges higher while arabica coffee also gains
Markets

Raw sugar edges higher while arabica coffee also gains

  • May raw sugar rose by 0.02 cents, or 0.1%, to 15.45 cents per lb.
  • May white sugar rose by $4.40, or 1%, to $444.90 a tonne.
  • May arabica coffee rose by 0.15 cents, or 0.1%, to $1.2775 per lb after dipping to a two-week low of $1.2650.
Published 24 Mar, 2021 09:54pm