Brace for Even Higher Sugar Prices, Europe’s Top Producer Warns

Bloomberg

Thursday, June 16, 2022

European sugar prices will keep climbing as producers pass on higher costs and supplies remain tight, the region’s top sugar company said. Farmers and processors are being squeezed by bigger energy bills and higher costs for important inputs like fertilizers. At the same time, output is being threatened by beet growers switching to crops such as grains and oilseeds that have become more profitable following the war in Ukraine.Suedzucker spokesperson Dominik Risser said the company expects another increase in prices to customers for the upcoming season due to the ongoing deficit in the sugar markets.

Click here to connect to the source of this storyClick here for more News and Views

As I browse the web researching various topics concerning the EU and UK sugar markets, I've been bookmarking interesting weblinks. Some of these are news clippings, some are links to official documents, and some are interesting data sources.

It's really easy (and anonymous) to subscrible to this EU and UK News & Views feed with RSS. Add this address to your favourite RSS reader:
https://www.julianprice.com/news-clippings/rss.xml

Disclaimer

This disclaimer is applicable to all content accessible via this website which, by accessing the website and/or subscribing and/or reading the occasional reports, we hereby deem you to have read and accepted in full: Any comments, opinions or data visualizations herein are not intended to be an offer to buy or sell commodities or futures and options thereon as they merely state our views and carry no guarantee as to their accuracy. We make no representation or warranty that the information contained herein is accurate, complete, fair or correct. All information, prices or projections are subject to change without notice. This information is not intended to be construed as investment advice. We do not accept any liability or loss or damage arising from any inaccuracy or omission in or the use of or reliance on the information herein.