Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

Sugar Prices Fall Back on Brazilian Output

March NY world sugar #11 (SBH24) on Thursday closed -0.59 (-2.14%), and Dec London white sugar #5 (SWZ23) closed down -12.40 (-1.66%).

Sugar prices Thursday fell back on bearish carry-over from Wednesday's news when Unica reported that Brazil Center-South sugar output in the first half of October rose +22% y/y to 2.247 MMT and that sugar output in the 2023/24 crop year through mid-October rose +23.6% y/y to 34.862 MMT.  Also, 49.44% of the crushed sugarcane was used for sugar production this year, an increase from 45.63% last year.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.