raw sugar futures news

two government sources said. dry weather could contribute to a significant production decline raw sugar | sugar futures | export subsidies, Bloomberg  LONDON — ICE raw sugar futures fell on Tuesday as funds remained on the sidelines after pushing prices above 15 cents and as the wider market euphoria over news of promising coronavirus vaccine results settled down somewhat. A welcome email is on its way. Last Updated at November 11, 2020 23:44 IST. * March New York cocoa fell $13, or 0.5%, to $2,378 a tonne, reversing some of Monday’s gains. Kindly visit the Manage my subscription page to discover the benefits of this programme. * Dealers said the market was awaiting official Indian government comment on the matter, as well as the official subsidy amount, which would determine how much the country is likely to export. News 29 Oct 2020 by Reuters News. (Reporting by Jessica Resnick-Ault; Editing by David Goodman . India’s production from October 1 to November 5 climbed to 425,000 metric tons, up 32 per cent from a year earlier, the National Federation of Cooperative Sugar Factories said.document.write("");googletag.cmd.push(function(){googletag.defineOutOfPageSlot('/6516239/outofpage_1x1_desktop','div-gpt-ad-1490771277198-0').addService(googletag.pubads());googletag.pubads().enableSyncRendering();googletag.enableServices();}); Speculation heightened the Asian nation may export as much as 6 million tons this season, easing a global deficit that has supported prices. * December white sugar, which expires on Friday, dipped $1.60, or 0.4%, to $402. The “long-awaited subsidy could bring a stronger selling wave to sugar, regardless of the positive scenario worldwide,” Bruno Lima, sugar head at StoneX, said. benchmark prices. somewhat over news of a promising vaccine for the novel Exports in October more than doubled from a year earlier, government data showed Tuesday. ICE raw sugar futures fell on Tuesday as funds remained on the sidelines after pushing prices above 15 cents and as wider market euphoria subsided somewhat over news of a promising vaccine for the... | November 10, 2020 market as its beans surge into ICE Futures exchange warehouses This advertisement has not loaded yet, but your article continues below. Speculators hold a long position of roughly 200,000 contracts on ICE Futures, the highest since 2016. $1,366 a tonne. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. * December arabica coffee edged up 0.3 cents, or 0.3%, to $1.0715 per lb​​. * December white sugar, which expires on Friday, We ask you to keep your comments relevant and respectful. Raw sugar falls as funds consolidate recent gains, tap here to see other videos from our team. * India, a top sugar producer, has revived a proposal to get LONDON: Raw sugar futures on ICE were sharply lower on Thursday while coffee and cocoa prices also weakened as lockdowns in Europe weighed on crude oil and many other commodity markets. Read more about Raw sugar futures drop most in a week on India's export subsidy concerns on Business Standard. * Brazil is tightening its grip on the global arabica coffee market as its beans surge into ICE Futures exchange warehouses for the first time in a move that could put pressure on benchmark prices. Unauthorized distribution, transmission or republication strictly prohibited. We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. LONDON — ICE raw sugar futures fell on Tuesday as funds remained on the sidelines after pushing prices above 15 cents and as the wider market euphoria over news of promising coronavirus vaccine results settled down somewhat. Try refreshing your browser, or tap here to see other videos from our team. * Underpinning arabica, however, are concerns that recent dry weather could contribute to a significant production decline in top grower Brazil next year. prices above 15 cents and as wider market euphoria subsided * They added, however, that the government has yet to agree Raw sugar for March delivery fell 1.3 per cent to close at 14.68 cents a pound on ICE Futures US in New York, the biggest drop for a most-active contract since November 3. Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Copyrights © 2020 Business Standard Private Ltd. All rights reserved. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. * Dealers said prices look set to remain range-bound for the We apologize, but this video has failed to load. Explore more on Sugar Futures. * Ivory Coast cocoa grinders processed 49,000 tonnes of beans in October, up 4% from the same period last season. Rain relief was forecast for crops this week in the South American nation. NEW YORK/LONDON, Nov 10 (Reuters) - ICE raw sugar futures 1.4%, to $2,357 a tonne. at 14.68 cents per lb, having hit an eight-month high of 15.23 subsidy amount, which would determine how much the country is and Grant McCool), Nestle Appoints New Head of Strategic Business Units, Marketing and Sales, SOFTS-Raw sugar falls as funds consolidate recent gains, India revives plans to offer incentives for 6 million tonnes sugar exports, Nestle (Malaysia)'s Third-Quarter Net Profit Slid 14% as Sales Fell, U.S. Firms Get Another Boost From China -- Update, Coca-Cola European Partners plc Update re -2-, Coca-Cola European Partners plc Update re Coca-Cola Amatil acquisition, Coca-Cola Amatil Advances Takeover Bid from European Bottler. * Dealers said prices look set to remain range-bound for the time being, with funds content to remain long but not to extend their position much more. If you don't see it please check your junk folder. India's production from October 1 to November 5 climbed to 425,000 metric tons, up 32 per cent from a year earlier, the National Federation of Cooperative Sugar Factories said. * India, a top sugar producer, has revived a proposal to get sugar mills to export 6 million tonnes of the sweetener by providing incentives for overseas sales in the 2020/21 season, two government sources said. We, however, have a request. We apologize, but this video has failed to load. * Dealers said the market was awaiting official Indian * March New York cocoa settled down $34, or * December arabica coffee settled up 0.45 cents, or (Editing by Chizu Nomiyama and David Goodman ). Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. their position much more. settled lower by $4.70, or 1%, to $398.90. As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. In-depth reporting on the innovation economy from The Logic, brought to you in partnership with the Financial Post. * Brazil is tightening its grip on the global arabica coffee beans in October, up 4% from the same period last season. time being, with funds content to remain long but not to extend We believe in free, fair and credible journalism. Get in-depth information about US Sugar #11 Futures including Price, Charts, Technical Analysis, Historical data, Reports and more. Business Standard is happy to inform you of the launch of "Business Standard Premium Services". for the first time in a move that could put pressure on * They added, however, that the government has yet to agree the amount of subsidy. * January robusta coffee settled up $19, or 1.4%, at Read more about cookies here. Topics * March raw sugar fell 0.20 cents, or 1%, to settle Please try again. * January robusta coffee rose $17, or 1.3%, to $1,364 a tonne. NEW YORK (Reuters) - A huge bullish position held by hedge funds and money managers in raw sugar futures in New York is convincing global producers to boost production, a move analysts say could produce a glut before long due to persistently weak demand.. The next issue of Top Stories Newsletter will soon be in your inbox. We encountered an issue signing you up. likely to export. Last week, futures rose to the highest since February amid adverse weather in Brazil, the world’s top producer. * Underpinning arabica, however, are concerns that recent More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. thanks to the Brazilian influx. 365 Bloor Street East, Toronto, Ontario, M4W 3L4. sugar mills to export 6 million tonnes of the sweetener by * March London cocoa settled down 27 pounds, or fell on Tuesday as funds remained on the sidelines after pushing © 2020 Financial Post, a division of Postmedia Network Inc. All rights reserved. Your support through more subscriptions can help us practise the journalism to which we are committed. As a premium subscriber you get an across device unfettered access to a range of services which include: Welcome to the premium services of Business Standard brought to you courtesy FIS. government comment on the matter, as well as the official Digital Editor. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Team Business Standard, Speculation heightened the Asian nation may export as much as 6 million tons this season, easing a global deficit that has supported prices, Last Updated at November 11, 2020 23:44 IST, Govt not considering extension of sugar export subsidies for 2020-21: Goyal, 7,000 tonnes onion imported, 25,000 tonnes may arrive before Diwali: Goyal, Imported onion likely to ease prices in Kolkata's wholesale market, Farmers in Uttar Pradesh feel the pinch as potato prices touch record highs, Over 5,000 bags of PDS rice hidden in mills recovered during raid in Punjab, Onion prices shoot up in Pune amid supply crunch due to damaged crop, Despite lockdown, sugar mills contract for 4.2 million tonnes of exports, India needs to export 6 million tonne sugar as output rebounds: Trade body, Sugar mills eye molasses export, higher ethanol for blending in glut season, India likely to export 6 million tonnes of sugar in 2019-20: Trade body, Indian sugar export subsidy decision unlikely before state polls: Report, Access Exclusive content - articles, features & opinion pieces, Weekly Industry/Genre specific newsletters - Choose multiple industries/genres, Access to 17 plus years of content archives, Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box, End of day news alerts on 5 companies (via email).

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