World sugar market price signals may promote better decision-making
julianprice.com for Südzucker AG
Tuesday, June 15, 2021
World sugar prices are volatile, rife with speculation, knocked about by the weather, and they are contorted by fiscal, agricultural, environmental, health and other government policies. Moreover, these prices are often below the costs of production for even the most efficient of sugar producers. And yet world market prices are a transparent and reliable benchmark for around 61 million tonnes of sugar which is traded internationally, or about 36% of global production according to the International Sugar Organization (ISO). And so for many producers and hence consumers, the world market is not just a residual market of last resort – although it is – but it is in fact the only market.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.