Loading...
SUGAR REPORT | 10.06.2021 | MARKET COMMENTARY | SEBAT GROUP

SUGAR REPORT | 10.06.2021 | MARKET COMMENTARY

Sugar prices on Wednesday closed mixed. Sugar prices saw support from expectations for Brazil's Center-South sugar production to decline. The consensus is for Brazil Center-South sugar production to fall -1.6% y/y to 2.52 MMT in the second half of May. The official results from Unica will be released on Thursday. NY sugar fell back from its best levels Wednesday, and London sugar fell into negative territory after Maxar Technologies said that above-normal rain is expected for most of Brazil over the next five days.



contact us