SAO PAULO: Brazilian sugar mills are considering increasing their raw sweetener output at the expense of ethanol for automobile fuels after sugar futures surged to a two-year high this week ...
Sugar prices Thursday sold off to 1-1/2 week lows after the Brazilian real (^USDBRL) sank to a 3-week low against the dollar. The weaker real encourages export selling by Brazil's sugar ...
On Tuesday, sugar prices edged to a new 2-1/2 month high, extending the sharp rally seen since mid-January. The rally in the Brazilian real (^USDBRL) seen from mid-December through mid-February to ...
The governor of Sao Paulo said on Monday at an industry conference that less protection of sugar would guarantee better access and lower prices for consumers. “Sugar is the most protected ...
Sugar prices Friday retreated for a third day and posted 2-week lows due to weakness in the Brazilian real (^USDBRL). The real tumbled to a 1-month low against the dollar Friday, encouraging ...
Currently, 147,000 metric tons of Brazilian sugar can be exported to the U.S. without incurring import taxes. Exports above that figure pay an average of around 80% per ton tax. Last year ...
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