Sugar Prices Falling: What Does This Mean for Manufacturers and Will It Last?
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Sugar prices falling: What does this mean for manufacturers and will it last?
Global sugar prices are dropping thanks to strong harvests in Brazil, Thailand, and India, easing pressure on food and beverage manufacturers. While this offers some relief, ongoing costs and past reformulations mean consumers may not see immediate price cuts. Volatility remains a concern due to climate risks and shifting demand.
Abundant Global Supplies Weigh on Sugar Prices
July NY world sugar #11 (SBN25 ) today is down -0.09 (-0.54%), and August London ICE white sugar #5 (SWQ25 ) is up +1.20 (+0.26%). Sugar prices today extended their two-month-long selloff, with NY sugar posting a nearly 4-year nearest-futures low and London sugar posting a 3-3/4 year low. Expectations...
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