Prices for sugar have dropped sharply due to expected rains in Brazil: world stock exchange news.

Prices for sugar in New York and London fell in the middle of the week due to forecasts of rain in Brazil, which reduced concerns about drought. It is expected that showers will last for a week in the main sugar-producing regions of the country.

10 October 2024

Midweek on the international sugar market No. 11 (SBH25) in New York, prices closed at a negative level of -0.45 (-2.00%), while on the global market ICE white sugar No. 5 (SWZ24) in London, prices closed at a negative level of -11.20 (-1.95%), according to a source.

Prices of sugar dropped to a 2.5-week low midweek as expected rains in Brazil eased concerns about drought. Forecasters at Maxar Technologies company said that showers will continue over this week in the Central and Southern regions of Brazil, which are the main sugar-producing regions in the country.

Using a special form, you can send us news, which will then be included in the news section of the site and in the digest.

Articles sent 214

Submit your article

Source: Forkagro.com

All information on the site is for personal use only

Prices for sugar have dropped sharply due to expected rains in Brazil: world stock exchange news.

Prices for sugar in New York and London fell in the middle of the week due to forecasts of rain in Brazil, which reduced concerns about drought. It is expected that showers will last for a week in the main sugar-producing regions of the country.

Tariffs for grain transportation are stable, pending new navigation closures and changes in duties.

Sales of white sugar at the auctions have reached a record level: the total volume is 4020 tons, and prices have confidently risen to 56500 rubles.

Scientists have developed a spray coating that increases crop productivity and saves energy in greenhouses.

Chita poultry farm has increased egg production threefold thanks to the financial support from the regional government.

Research: How birch trees adapt to changing climatic conditions to effectively carry out photosynthesis.

Bulgaria is facing a catastrophic corn harvest due to the hot summer: exports and production may decrease.

Producers of rice in Kazakhstan are sounding the alarm due to delayed sales of the harvest following a significant drop in prices.

Chishminsky plant has started delivering sugar beet pulp to Uzbekistan, increasing volumes up to 1000 tons per month.