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Sugar Futures and Market Data: 15th April 2024
- Both No.11 and No.5 sugar futures have weakened over the past week.
- Speculators could be behind this, opening a number of short positions.
- The K/K white premium has strengthened.
1 week ago
1 min
Analyst Insights
PET Raw Material Futures Outlook: Chinese PET Resin Export Margins Threatened by New Capacity, Trade Barriers, Volatile Freight
- PTA pricing constrained by high inventory despite improved fundamentals.
- China PET resin export prices weaken, new capacity, trade barriers, and freight increase threaten.
- PET raw material forward curve remains in contango with USD10/tonne premium to Sept.
1 week ago
2 min
Urea Prices Collapse Across Board
- Reduced India urea tender purchase hits prices.
- Potash markets remain soft except in Brazil
- Ammonia market slow due to Ramadan festivities.
1 week ago
4 min
Daily Market Price Updates and Commentary 12th April 2024
Daily Market Price Updates and Commentary
2 weeks ago
1 min read
Could Brazil Surpass the USA in Peanut Production?
- Brazilian peanut production could jump if the crop is rotated with sugar cane.
- Around 1m hectares of sugarcane are reformed in Centre-South Brazil per year.
- São Paulo is responsible for 90% of Brazilian peanut production.
2 weeks ago
2 min
Ask The Analyst: Will Mexico’s Sugar Production be the Lowest in a Decade?
- Mexico’s sugar production will fall to 4.7m tonnes.
- This would be the lowest output in at least a decade.
- Mexico continues to import sugar to meet demand.
2 weeks ago
1 min
Global Demand, Local Impact: Strawberries in Europe and Beyond
- Europe faces supply gaps and price fluctuations.
- Spanish irrigation water shortage.
- Hepatitis A rumours in Moroccan strawberries.
2 weeks ago
2 min
Farmer Diaries (UK): Extremely Wet Weather Slows UK Crop Development
- It’s been one of the wettest UK winters on record.
- Sugar beets are being planted on light land.
- The mild weather increases the risks of aphid-borne infections.
2 weeks ago
3 min
Daily Market Price Updates and Commentary 11th April 2024
Daily Market Price Updates and Commentary
2 weeks ago
1 min read
India: Sugar vs Ethanol? 11th April 2024
- Domestic sugar prices have strengthened.
- Producers are still being incentivised to use C-molasses for ethanol production.
- General elections are starting later this month.
2 weeks ago
1 min
Daily Market Price Updates and Commentary 10th April 2024
Daily Market Price Updates and Commentary
2 weeks ago
1 min
