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sugar market

Raw sugar prices fall as Brazilian currency weakens

Raw sugar prices fall as Brazilian currency weakens

  • A weaker real encourages Brazilian exporters to sell dollar-priced commodities such as sugar and coffee because it raises their returns in local currency terms.
  • Dealers noted buying emerged around the day's low of 15.55 cents a lb, a level where it also found support on Friday and in early February.
Published 22 Mar, 2021 08:30pm
Raw sugar prices edge up, cocoa and coffee weaken
Markets

Raw sugar prices edge up, cocoa and coffee weaken

  • May raw sugar rose by 0.03 cents, or 0.2%, to 15.79 cents per lb.
  • May London cocoa fell by 13 pounds, or 0.75%, to 1,723 pounds a tonne.
  • May arabica coffee fell by 0.65 cents, or 0.5%, to $1.2835 per lb.
Updated 22 Mar, 2021 06:30pm
Arabica coffee prices weaken, sugar also down
Markets

Arabica coffee prices weaken, sugar also down

*May arabica coffee fell by 0.75 cents, or 0.6%, to $1.3375 per lb. * May raw sugar fell by 0.25 cents, or 1.5%, to 16.05 cents per lb. * May London cocoa fell by 3 pounds, or 0.2%, to 1,734 pounds a tonne.
Published 17 Mar, 2021 08:35pm
Robusta coffee prices weaken, cocoa also down
Markets

Robusta coffee prices weaken, cocoa also down

  • May robusta coffee was down $13, or 0.9%, at $1,393 a tonne.
  • May London cocoa fell by 13 pounds, or 0.7%, to 1,793 pounds a tonne, extending its retreat from a three-month high of 1,822 pounds set on Wednesday.
Updated 05 Mar, 2021 08:19pm