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July 20, 2018, 17:32 New York, July 20 (PL) The price of raw sugar, for delivery in October, rose by 0.15 cents in New York today, to 11.12 cents during the week, and has accumulated a 1.5 percent rise in the week.
It was known that The world's leading sugar exporters were asking India, the European Union and Pakistan to eliminate their sugar subsidy programs, which contribute to the decline in the international price of sugar.
President of the World Sugar Alliance, Greg Beashel, said that this practice and the world's excess supply of sucrose are lowering the world price of the sweetener below production costs . 19659003] Brazil reported 1.9 million tonnes of TM sugar exported in June, down from 2.1 million in the previous month
Sales were also lower than the 3.1 million tonnes reported in June of the same year. 39, previous year.
It has also been reported that the sugarcane mill in the south-central zone of Brazil, the country's largest sugar cane, will fall to its lowest level in four cycles.
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