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Sugar #11 Oct 22 (SB=F)

ICE Futures - ICE Futures Delayed Price. Currency in USX
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18.53+0.02 (+0.11%)
As of 12:59PM EDT. Market open.
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  • Reuters

    Exclusive: India considers allowing some exports of raw sugar - source

    India is considering allowing mills to ship out stocks of raw sugar that have piled up in ports and warehouses, trade and government sources said on Tuesday, weeks after it imposed curbs on overseas sale of the sweetener. Additional shipments from India, the world's biggest exporter of sugar after Brazil, could weigh on raw sugar futures, which are trading near their lowest in four months. Last month, India capped this season's exports at 10 million tonnes, a figure they had almost reached, in a bid to prevent a surge in domestic prices as the world's second most populous nation battles high food inflation.

  • Reuters

    German sugar maker Suedzucker to raise prices, shift to coal power -report

    German sugar producer Suedzucker plans "significant" price hikes to offset rising costs and prepares to shift to coal as Russian gas supplies to Western Europe slow in the wake of the Ukraine war, the Mannheimer Morgen newspaper reported on Saturday. "The costs of beet cultivation and energy are rising, and these are two significant blocks of production," Chief Executive Niels Poerksen said in an interview with the newspaper. The company is also ramping up stocks for use at the plants where coal can also be used as not all Suedzucker factories are equipped to run on other energy sources if there is no more gas, Poerksen told the newspaper.

  • Bloomberg

    Sugar Shortage Hits the Philippines as Food Inflation Woes Mount

    (Bloomberg) -- The Philippines has warned of a worsening sugar shortage, as it struggles to control surging prices of the sweetener in a country already battling soaring food costs.Most Read from BloombergSwitzerland Imports Russian Gold for First Time Since WarThe World’s Bubbliest Housing Markets Are Flashing Warning SignsLiz Cheney Is Paying the Price in Her Home State for Crossing TrumpStocks Surge After $2 Trillion Wipeout; Bonds Fall: Markets WrapStocks Drop, Bonds Surge With All Eyes on P