Tabasoom Watak

Tabasoom graduated from King’s College London in 2022 with a Bachelors in Global Health and Social Medicine (with Pharmacology). Tabasoom joined Czarnikow in August 2022 as an Analyst Intern. She is responsible for expanding Czarnikow’s knowledge, expertise and coverage on Biomass & Starches for Czapp, while also developing biomass trade flows.

Sugar Futures and Market Data: 22nd January 2024

  • No.5 (White Sugar) Appendix Both Raw and Refined sugar futures have strengthened in the past week.
  • Speculators close out a number of their short positions.
  • The H/H white premium has traded sideways, now standing at 144USD/mt.

Tabasoom Watak

3 months ago

2 min read

Sugar Futures and Market Data: 16th January 2024

  • Raw sugar futures have strengthened slightly in the past week.
  • The net spec position is now lowest since Oct’22.
  • The H/H white premium has strengthened, now standing at 150USD/mt.

Tabasoom Watak

4 months ago

2 min read

Sugar Futures and Market Data: 8th January 2024

  • No.11 raw sugar futures trade sideways for third week in a row.
  • Commercial participants continue to add new hedges.
  • The H/H white premium remains elevated, now standing at 141USD/mt.

Tabasoom Watak

4 months ago

1 min read

Sugar Futures and Market Data: 2nd January 2024

  • Both raw and refined sugar futures have traded sideways in the past week.
  • Speculators continue are building their short positions in raw sugar.
  • The H/H white premium has strengthened, now standing at 140USD/mt.

Tabasoom Watak

4 months ago

2 min read

Sugar Futures and Market Data: 18th December 2023

  • Sugar futures prices have collapsed in the last week.
  • Speculators for both raw and refined sugar have closed a number of their long positions.
  • The H/H white premium has weakened, now standing at 138USD/mt.

Tabasoom Watak

5 months ago

1 min read

Sugar Futures and Market Data: 11th December 2023

  • Both the No.11 and No.5 sugar futures have weakened significantly.
  • Speculators have closed long positions.
  • The H/H white premium has weakened, now standing at 138USD/mt.

Tabasoom Watak

5 months ago

2 min read

India: Sugar vs Ethanol? 7th December 2023

  • India bans use of cane juice to make ethanol.
  • Mills can only make ethanol from molasses.
  • This frees up more sucrose for sugar production.

Tabasoom Watak

5 months ago

2 min read

Sugar Futures and Market Data: 4th December 2023

 

  • Both the No.11 and No.5 sugar futures have weakened significantly in the past week.
  • Speculators have closed a number of their long positions.
  • The H/H white premium has strengthened, now standing at USD 143/tonne.

Tabasoom Watak

5 months ago

2 min read

Sugar Statshot: A Global Sugar Production Surplus in 2023/24?!

  • Drier weather in Central South Brazil extends sugar cane crushing into the rainy season.
  • We now forecast a tiny sugar production surplus in 2023/24.
  • Europe is currently having a successful beet harvest, yet rains are posing challenges…

Tabasoom Watak

5 months ago

2 min read

Ask the Analyst: How’s Russia’s Sugar Beet Harvest?

  • Russia will produce at least 6.5m tonnes sugar this year.
  • This means Russia has excess sugar that can be exported into the region.
  • Russia is also aiming to increase its self-sufficiency in beet seeds.

Tabasoom Watak

5 months ago

2 min read