No menu items!

Brazil’s raw sugar hits 2-week low on ICE, Arabica coffee rebounds

RIO DE JANEIRO, BRAZIL - Raw sugar for March delivery closed down 0.22 cents, or 1.2%, at 17.86 cents a pound after hitting a two-week low of 18.09 cents.

Traders said the rains forecast for the weekend in south-central Brazil may help improve soil moisture levels and the outlook for this year's cane crop.

An improving outlook for production in India also contributed to recent market weakness.

White sugar for March delivery was down US$4.50, or 0.9%, at US$495.20 a ton.


Arabica coffee for March closed up 3 . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content