European sugar export premium hits record high on low supply, high demand
S&P Global Commodity Insights
Friday, May 27, 2022
The Platts White Sugar Containers EU 45IC FAS Antwerp Premium for June shipment reached a record high of $155/mt to the underlying August London No. 5 futures contract on May 25 on high domestic demand and lower supply, according to data from S&P Global Commodity Insights. "The main concern now is how to get sugar delivered at the right time and be exported, especially with freight rates being very high out of Europe," a source said. There was no volume available for exports, with stock levels just enough to meet domestic needs, the source added.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.