Prices for sugar have fallen due to the drop in oil prices: Barchart analysis.

Prices for NY world sugar #11 decreased by 0.31 (18.91; -1.61%), while London ICE white sugar #5 dropped by 3.80 (523.40; -0.71%) on Friday.

Against the backdrop of falling oil prices, sugar prices also declined due to the prospective increase in its production.

9 September 2024

At the close of trading on Friday, prices for October NY world sugar #11 (SBV24) fell by 0.31 (18.91; -1.61%), while October London ICE white sugar #5 (SWV24) dropped by 3.80 (523.40; -0.71%), according to Barchart.

Sugar prices showed a moderate decline on Friday, with NY sugar reaching a minimum level in one and a half weeks. The drop in crude oil prices (CLV24) to the lowest level in 14 months put pressure on sugar prices. Weakness in the oil market leads to a decrease in ethanol prices and may encourage sugar mills worldwide to switch to sugar production instead of ethanol, leading to increased sugar supplies.

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Prices for sugar have fallen due to the drop in oil prices: Barchart analysis.

Prices for NY world sugar #11 decreased by 0.31 (18.91; -1.61%), while London ICE white sugar #5 dropped by 3.80 (523.40; -0.71%) on Friday.

Against the backdrop of falling oil prices, sugar prices also declined due to the prospective increase in its production.

Production of baby food in the Lipetsk region is growing: dairy products by 23.8%, meat products by 11.1%, oils have increased by 8.7%, and soybean oil by 78.1%.

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The beet harvest in the Kursk region is coming to an end: the yield is 447 c/ha, more than 4 million tons have been harvested, processing is carried out at 7 plants.

Chinese capital in the agricultural sector of Primorsky Krai: 81 enterprises and prospects for cooperation.

Agricultural producers of the Stavropol region have successfully completed the sowing of grain crops in unfavorable weather conditions.

Lipetsk region confidently continues to lead in sugar production, with sugar beet yields at a high level.

The grain harvest in the Amur region is coming to an end: more than 147,000 hectares and 413,000 tons of grain have been harvested, announced the governor.

3 культуры особенно интересуют фермеров в Новгородской области

Prices for sugar have fallen due to the drop in oil prices: Barchart analysis.

Prices for NY world sugar #11 decreased by 0.31 (18.91; -1.61%), while London ICE white sugar #5 dropped by 3.80 (523.40; -0.71%) on Friday. Against the backdrop of falling oil prices, sugar prices also declined due to the prospective increase in its production.

Production of baby food in the Lipetsk region is growing: dairy products by 23.8%, meat products by 11.1%, oils have increased by 8.7%, and soybean oil by 78.1%.

The First Global Summit on Bioeconomy in East Africa: Towards Sustainable Bioeconomic Solutions.

The beet harvest in the Kursk region is coming to an end: the yield is 447 c/ha, more than 4 million tons have been harvested, processing is carried out at 7 plants.

Chinese capital in the agricultural sector of Primorsky Krai: 81 enterprises and prospects for cooperation.

Agricultural producers of the Stavropol region have successfully completed the sowing of grain crops in unfavorable weather conditions.

Lipetsk region confidently continues to lead in sugar production, with sugar beet yields at a high level.

The grain harvest in the Amur region is coming to an end: more than 147,000 hectares and 413,000 tons of grain have been harvested, announced the governor.

3 культуры особенно интересуют фермеров в Новгородской области

Prices for NY world sugar #11 decreased by 0.31 (18.91; -1.61%), while London ICE white sugar #5 dropped by 3.80 (523.40; -0.71%) on Friday.

Against the backdrop of falling oil prices, sugar prices also declined due to the prospective increase in its production.