• The white sugar market reduced last week to 10-year lows, well below USD 300/mt.
  • Illustrating the lack of demand caused by high stocks worldwide.
  • These prices make it incredibly difficult to produce sugar profitably.
  • But many of the world’s biggest producers are protected from the low world market prices by government policies.
  • Major changes in production, which are needed to rebalance stocks, are likely to take time or a weather event.

No.5 Price