Browsing Tag

Sugar Prices

Indian sugar futures rise on delay in cane crushing

November 20, 2012 Indian sugar futures rose on Monday in choppy trade as an expected delay in cane crushing in the top two sugar-producing states offset higher supplies by mills amid lacklustre demand in spot markets. The key December contract on India's National Commodity and Derivatives Exchange ended up 0.15 percent at 3,336 rupees per 100 kg. "Demand has declined a bit after Diwali and sugar prices will take cue from the December quota. Most traders are waiting to see the outcome…

ICE sugar rallies most in seven weeks

November 20, 2012 Raw sugar futures on ICE jumped over 4 percent on Monday and were on track for their biggest one-day gain in almost two months as technical buying and speculative short-covering offset fears about a growing global surplus. Arabica coffee and cocoa futures on ICE were also firm, supported by the weaker dollar and gains in equities and commodities markets. Sugar rallied after Friday's Commitments of Traders report revealed that funds last week held their largest net…

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