Raw sugar futures hit highest since 2024 on El Niño fears
11 Articles
11 Articles
Future contracts of raw sugar on the ICE stock exchange rose 4% on Monday, exceeding 20 cents per pound-weight and reaching the highest quote in 19 months, as concerns increased with new excessive rains related to El Niño in Brazil, the main producer. The first contract closed with a high of 0.8 cents, or [...]
Raw sugar futures remain on track for further strengthening, as adverse
Rains in Central-South Brazil and valorization of the real boosted the prices of the commodity in the international market
Continuing its nearly 8% gain from last week, the most actively traded sugar contract rose as much as 2%, to 20.20 US cents per pound, its highest level since December 17, 2024. Agricultural Market: Coffee prices recover, global supply continues to put pressure on the market. Vietnamese agricultural products shift their advantage to value and branding. Elevating the value of Vietnamese agricultural products: From export volume to supply chain.
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
