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
The rise in sugar prices continues due to restrictions on exports from India and lack of rainfall: market news.
agricultural products
Sugar

The rise in sugar prices continues due to restrictions on exports from India and lack of rainfall: market news.

Prices for sugar are rising: in New York +2.32%, in London +2.13%. Export restrictions on sugar from India and a lack of rain in the country are supporting the price hike.

25 June 2024 25 June 2024

The July world sugar No. 11 in New York (SBN24) closed higher yesterday, up by +0.44 (19.72; +2.32%), while the August London white sugar ICE No. 5 (SWQ24) closed with an increase of +11.90 (570.10; +2.13%), as reported by Barchart.

Yesterday's trading showed some increase in sugar prices: the sugar price in New York reached a one-week high, while in London, it reached a six-week high. This happened in light of the continued sugar export restrictions in India, after the country's government stated that they do not plan to lift or change these restrictions.

The lack of monsoon rains in India is also positively impacting sugar prices. Last Friday, the Indian Meteorological Department reported that 64.5 mm of rainfall had been recorded in the country during the first 18 days of June, which is below the long-term average of 80.6 mm.

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