Couverture de Sugar Rush Report: Brazil Hiccups, India Soars, and Why You Should Lock In Prices Now

Sugar Rush Report: Brazil Hiccups, India Soars, and Why You Should Lock In Prices Now

Sugar Rush Report: Brazil Hiccups, India Soars, and Why You Should Lock In Prices Now

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This is your Daily Sugar Price Tracker with Vanessa Clark podcast.

Hey friends, welcome to another episode of Daily Sugar Price Tracker with Vanessa Clark. Im Vanessa, and today Im diving into the latest sugar market buzz, including those key trading prices youre searching for to stay ahead on sugar prices today, global sugar market updates, and what it means for you.

First up, international futures. ChiniMandi reports London White Sugar front month at 402.70 dollars per ton, while New York Sugar 11 is at 14.07 cents per pound. Prices dipped a bit on dollar strength and surplus worries, but Brazils recent output hiccup gave a quick lift. Still, global production is booming, with India up 22 percent year-on-year to 15.9 million metric tons through mid-January, per the India Sugar Mill Association, and Brazil exporting 44 percent more in early February despite lower prices around 370 dollars per ton, according to Datamar.

In India, domestic markets held steady. Kolhapur S-grade sugar is at 3700 to 3750 rupees per quintal, Muzaffarnagar M-grade at 4040 to 4150 rupees. Ex-mill prices in Maharashtra range 3700 to 3820 rupees, steady for days amid stable demand and lower production hints from key states.

Russias exchanges saw refined sugar at around 54,000 to 61,500 rubles per metric ton, or about 705 to 756 dollars, via Sugar.ru.

The big picture? Analysts like Czarnikow forecast surpluses of 3.4 million tons next year, pressuring prices, but potential Brazil cuts could help later. For you traders or bakers, watch weather and exports, theyre swaying daily sugar prices. Tip: If youre buying bulk, lock in now before any rebound, and track Indias monsoon-fueled output for export shifts.

Thanks for tuning in, pals. Subscribe, rate us, and catch you next time for more on sugar trading prices and market moves. Stay sweet!

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