Sugar and Coffee In Demand, Supply Will Remain a Mixed Bag.
Sugar and Coffee Futures, Demand Expected to Jump. Sugar USDA forecasts sugar production to be the highest since 2017 which was 9,293,000 tons. Global production is up 2.8 million tons to 183.2 million. Consumption is anticipated to rise to a new record due to growth in markets such as China, Indonesia, and Russia. The […]
ASEAN Countries Discuss Exports
Sugar News ASEAN member countries discuss sugar exports 1/2/23 The Department of Agriculture (DA) is exploring the merits of increasing the minimum access volume (MAV) for sugar exports in order to address the rising prices of sugar in the domestic market. Agriculture Undersecretary Mercedita A. Sombilla stated that the agency is currently assessing the […]
India Raw sugar futures commodities
India Raw sugar futures commodities Raw sugar futures have staged their own Santa rally and are trying to end 2022 with new highs. This is impressive because almost all other commodities are sideways to lower. Global sugar production hasnaEUR(TM)t changed in more than 10 years. In 2023 for the first time ever global sugar […]
ASEAN member countries discuss sugar exports 1/2/23
Sugar News ASEAN member countries discuss sugar exports 1/2/23 The Department of Agriculture (DA) is exploring the merits of increasing the minimum access volume (MAV) for sugar exports in order to address the rising prices of sugar in the domestic market. Agriculture Undersecretary Mercedita A. Sombilla stated that the agency is currently assessing the […]
