date:Jan 10, 2019
s estimated at 186 million tons, down by 9 million tons from last year because of the decrease foreseen out of Brazil.
According to Pablo Gimenez, senior vice president of Latin American markets for INTL FCStone, Mondays jump in sugar prices was also influenced by factors including upticks in the oil and equity markets. However, it is the dry weather conditions that stand to underpin higher sugar prices in the longer term, he said.
Over the last few years, weve seen low investment to sugar, Mr