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sugar price

Asian food trader Wilmar sees Brazil sugar output falling sharply
Markets

Asian food trader Wilmar sees Brazil sugar output falling sharply

  • Wilmar expects Brazil's center-south cane crop to fall to 530 million tonnes in 2021/22, compared with 605 million tonnes in the previous season, with sugar production dropping to 31 million to 33 million tonnes from 38.5 million tonnes.
  • Raw sugar prices jumped more than 3% in New York this morning, underpinned by bad weather for crops in Europe and in Brazil.
Published 20 Apr, 2021 07:48pm
London cocoa prices fall as May's discount widens
Markets

London cocoa prices fall as May's discount widens

  • May London cocoa was down by 39 pounds, or 2.4%, to 1,602 pounds a tonne.
  • May raw sugar rose by 0.45 cents, or 3.0%, to 15.63 cents per lb.
  • May arabica coffee rose by 0.3 cents, or 0.2%, to $1.2815 per lb.
Published 09 Apr, 2021 08:58pm
Arabica coffee prices rise with supplies set to tighten
Markets

Arabica coffee prices rise with supplies set to tighten

  • May arabica coffee rose by 1.25 cents, or 1%, to $1.28 per lb.
  • May raw sugar rose by 0.04 cents, or 0.3%, to 15.18 cents per lb.
  • May London cocoa fell by 33 pounds, or 1.95%, to 1,660 pounds a tonne, weighed partly by diminished concerns about short-term tightness in tenderable supplies.
Published 08 Apr, 2021 08:17pm
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