Sugar mills in India, the second-largest producer, have been struggling to export big volumes in the new season, with traders and analysts saying that the pace will only pick up if global prices rise sharply.
Sugar mills in India, the second-largest producer, have been struggling to export big volumes in the new season, with traders and analysts saying that the pace will only pick up if global prices rise sharply.
Workers pack bags of candy sugar at the Simbhaoli Sugars Ltd. manufacturing plant in Simbhaoli, Uttar Pradesh, India, on Thursday, April 3, 2014. Sugar output in India, the world’s largest producer after Brazil, is set to climb for the first time in three years as a subsidy for raw exports and abundant dam water spur farmers to increase planting.
Raw sugar futures held steady in New York as traders mull rising output from India against estimates that mills in top grower Brazil may divert more cane to making ethanol rather than the sweetener.
Raw sugar futures held steady in New York as traders mull rising output from India against estimates that mills in top grower Brazil may divert more cane to making ethanol rather than the sweetener.
A sugar cane harvest in Brazil. Photographer: Paulo Fridman
China’s exports of soybean oil to India are surging as weak domestic demand for the cooking ingredient coincides with robust imports of soybeans from South America and, more recently, the US.
China’s exports of soybean oil to India are surging as weak domestic demand for the cooking ingredient coincides with robust imports of soybeans from South America and, more recently, the US.
Anmelden
