date:Dec 14, 2015
Global sugar supplies are tightening as mills wind down the cane crush in the cent re-south of Brazil, forcing buyers in the world market to pay shrinking discounts to futures.
European traders this week quoted Brazilian raw sugar for December shipment at 61-63 points (0.61-0.63 U.S. cents) below ICE March futures, and quoted discounts against January shipment at just 20 points, signaling a tightening of supplies in the first quarter of 2016, Brazils inter-crop period.
This compares with a dis