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Price of raw sugar
accumulated weekly profit
[25.07.2018] –
Update
18:00 Cuba
The price of sugar
gross accumulated in the
week in New York
gains of 16 points,
at 11.12 centimes
dollar the pound, reported
Today Cubazúcar in his more
recent badysis on
this market.
The prices of
sweetener
in the range of
10.93 and 11.39 cents
per unit, he said
in addition to this company
Department of Commerce
Exterior and investment
Foreign
Cuba (Mincex).
At the stage the market
of this product he kept
great weakness in their
prices, which
they find stagnant
between 10h85 and 12h00
cents per unit
for almost two
weeks
According to Cubazúcar, the
the trend is continuing
bearish even when the
main region
producer from Brazil
he expects it to go down to 28
millions of tons
metric (TM), with
decrease of three
million tons, of the
previous estimate.
The company Mincex
further considers that
India, second largest
global producer of
sugar, could compensate
the difference that
lose in Brazil, what
which limits the impact
bullish this news.
Another factor that is pressing
the prices are low
Weakness
experienced by the
real against the dollar
American, what
attracts sales of
Brazilian producers.
With regard to the market
refined sugar or white
London, the product
closed the period with
losses of 16.22
dollars to 322.20
dollars per MT.
This Monday, however,
refining has completed the
day with gains of
$ 1.80 while
that in New York, the
Crude oil gave 0.02
cents
(PL,
Jul 23)
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