Trading platform Trading platform
Trading platform

We will connect you with potential partners and help you conclude a profitable deal in the agricultural sector.

Dont miss the opportunity to expand your business and increase your profits.

View applications
Express applications Express applications
Express applications

In the "Express applications" section you can get information about the sale or purchase of agricultural crops. The placement occurs automatically from open sources.

View applications
Fork Work Fork Work
Fork Work

Fork Work brings together experts and professionals in the field of agriculture who are ready to share their knowledge and experience to solve various problems.

More details
Prices for sugar have fallen due to the strengthening of the dollar and an increase in production in Brazil - an update from Barchart.
agricultural products
Sugar

Prices for sugar have fallen due to the strengthening of the dollar and an increase in production in Brazil - an update from Barchart.

Prices for sugar in New York and London have decreased following the strengthening of the dollar and the increase in production in Brazil. The volume of sugar production in Brazil for the 2024/25 season increased by 11.8%, reaching 7.837 million tons by May.

26 June 2024 26 June 2024

The July world sugar No. 11 in New York (SBN24) closed trading on Tuesday down by 0.31 (19.49; -1.60%), while the August London white sugar ICE No. 5 (SWQ24) also decreased by 8.40 (561.70; -1.47%).

Sugar prices significantly retreated on Tuesday after Monday's rise due to the strengthening of the dollar. The increase in sugar production in Brazil is having a negative impact on prices. According to Unica, sugar production volume in Brazil for the 2024/25 season increased by 11.8% compared to the previous year, reaching 7.837 million tons by May. The share of sugarcane harvest processed into sugar also increased in the 2024/25 season to 47.88% from last year's 46.68%.

Audio news of agriculture
Confirm
By continuing to use our site, you consent to the processing of cookies that ensure the proper operation of the site.
Accept all cookies