WORLD SUGAR PRODUCTION IN 2017/18 GETS BIGGER AND BIGGER

摘要

Raw sugar futures in New York are currently hovering just above last month's five-month low of 13.02 cents/lb. Similarly, white sugar futures in London are trading not much above a 2-1/2-year low of $349.90 a tonne touched in early February. That said, prices continued to retreat in early 2018 on expectations for a global surplus in 2017/18 after sugar was already the worst-performing soft commodity in 2017.