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Sugar #11 Mar 23 (SB=F)

ICE Futures - ICE Futures Delayed Price. Currency in USX
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17.65-0.03 (-0.17%)
At close: 12:59PM EDT
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Pre. SettlementN/A
Settlement date2023-02-28
Last price17.68
Day's range17.61 - 17.90
  • Reuters

    Food, fuel shortages hit Tunisian shops

    TUNIS (Reuters) -Some Tunisian shops are rationing goods including cooking oil, sugar and butter, while big queues have hit petrol stations amid a fuel shortage as the government navigates a looming crisis in public finances. Some grocery shops have restricted customers to single packs of items in short supply, while queues outside petrol stations have blocked traffic in parts of the capital. President Kais Saied and his government have not commented on the shortages except by announcing an intention to target commodities speculators and hoarders.

  • Reuters

    Brazil 2022 trade surplus outlook dims, but record still in reach

    Brazil's trade surplus this year is likely to fall short of prior forecasts, according to private economists and an Economy Ministry official, as a spike in the cost of imported fuel and fertilizer offsets strong exports of other raw materials. The official, who requested anonymity to discuss the ministry's confidential analysis, said Brazil's trade surplus this year is on track to miss the $81.5 billion projected earlier this month. The shifting consensus shows how even top raw material producers such as Brazil, the top exporter of soybeans, beef and sugar, plus a major global supplier of iron ore and crude oil, face mixed fortunes from this year's spike in commodity prices.

  • Reuters

    India's sugar output to ease as mills divert cane to make ethanol

    India's sugar production in 2022/23 could fall 1.4% from the current season as mills are likely to divert more cane for ethanol production, a leading trade body said on Friday. The country could produce 35.5 million tonnes of sugar in the new season starting from Oct. 1, compared to 36 million tonnes in the current season, the Indian Sugar Mills Association (ISMA) said in a statement. In the next season, 4.5 milion tonnes of cane is likely to be diverted for ethanol production compared to 3.4 million tonnes in this year, the trade body said.