Market Overview

Sugar Futures Little Changed

Share:

March New York Sugar is trading at 21.17, down 0.02 cents/lb.

New York Sugar futures are trading steady.

Market chatter about global Sugar demand and production is making the rounds.

Street estimates are starting to show that India may import 1.0 million tonnes of sugar next year. Some talk that Indonesia's sugar production may fall about 15 percent due to impacts from rainfall on crushing is making the rounds. Street estimates for Brazil's Center South sugar production for 2017 to 2018 are near 35.8 million tonnes versus 35.2 million tonnes this year.

Some chatter about buyers near 20.45 and sellers near 21.69 is starting to show up.

Posted-In: Sugar futuresFutures Commodities Markets

 

Related Articles

View Comments and Join the Discussion!