Brief Market Overview: É Preciso mais Tempo para a Redução dos Estoques

Oliver Chapman

Esperamos um déficit mundial de produção/consumo de 4,6 milhões de toneladas para 2019/20.
No entanto, não fique muito animado: os estoques de açúcar em todo o mundo ainda estarão próximos a níveis recordes.
Isso significa que o mercado de açúcar provavelmente estará com excesso de oferta em 2020, assim como esse ano.
A demanda tem sido lenta em 2019 devido aos altos estoques nos países de destino, garantindo que os consumidores não estejam com pressa para comprar açúcar.
No momento, mais tempo (ou clima adverso) parece ser necessário para permitir que os estoques sejam reduzidos.

Preço do No.5

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