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Sugar #11 Mar 22 (SB=F)

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18.99+0.05 (+0.26%)
As of 12:59PM EDT. Market open.
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  • Bloomberg

    World’s Appetite for Treats Is Tightening Sugar Market

    (Bloomberg) -- The world is coming back to sweets and desserts as more lockdowns ease, especially in emerging nations, and it’s causing a spike in prices for short-term refined sugar supplies. Most Read from BloombergGoogle’s Biggest Moonshot Is Its Search for a Carbon-Free FutureA $30 Billion Fortune Is Hiding in China’s Silicon ValleyGoogle’s CEO: ‘We’re Losing Time’ in the Climate FightBeef Industry Tries to Erase Its Emissions With Fuzzy Methane MathHate-Speech Case Forces Japan to Confront

  • Bloomberg

    Troubled South African Sugar Industry Seeks Biofuel Subsidy

    (Bloomberg) -- South Africa’s sugar industry is in talks with the government over a potential subsidy that could see it convert more than a third of its annual output into biofuel, according to a group representing companies in the sector.Most Read from BloombergHow Singapore's $50 Billion Financial District Will Change After Covid-19Left-Wing Rage Threatens a Wall Street Haven in Latin AmericaBefore Interstates, America Got Around on InterurbansChristmas at Risk as Supply Chain ‘Disaster’ Only

  • Reuters

    UPDATE 1-Brazil's Cosan joins U.S. climate tech fund, looks at startups

    Brazilian energy company Cosan SA has joined the U.S.-based Fifth Wall Climate Tech Fund as an investor and partner in a deal that also gives it preferential access to investments in startups developing lower carbon solutions. Cosan is one of Brazil's largest corporations, controlling the country's number 1 natural gas distributor Comgas and partnering with Royal Dutch Shell Plc in the joint venture Raizen, the world's largest sugar producer and a leading ethanol maker. "We are looking at the returns of the fund itself, as an investor, but more importantly it is to have exposure to companies that are transforming the way society lives," Cosan Chief Executive Luis Henrique Guimaraes told Reuters.