LONDON, Sept 8- Falling sugar prices are set to hold back earnings growth at Associated British Foods in the next two years, offsetting continued strong performance at the group's Primark discount fashion chain.» Read More
MEXICO CITY/ WASHINGTON, Aug 26- The United States is set to slap import duties as high as 17 percent on Mexican sugar in a victory for the powerful U.S. sugar industry but a blow to U.S. candy and soft drink makers who face paying more for the sweetener.
MEXICO CITY/ WASHINGTON, Aug 26- The United States is set to slap import duties on Mexican sugar in a move that could push up candy and soft drink prices for U.S. consumers and incite retaliation from Mexico, which is keen to agree a deal to avoid the new levies.
*China July sugar imports more than triple mth before. BEIJING, Aug 21- China's sugar imports more than tripled in July from the month before to 280,000 tonnes as traders took advantage of lower global prices, but pressure from domestic inventory looks set to keep full year imports below 2013' s record levels.
NEW YORK/ LONDON, Aug 18- Cocoa futures in New York and London touched their highest levels in more than three years on Monday on a mix of speculator and trade buying despite an expected surplus, while raw sugar on ICE tumbled to a six-month low due to hefty nearby supplies and technical weakness.
*Sugar traders shrug off Brazil harvest slowdown. NEW YORK/ LONDON, Aug 14- ICE raw sugar futures dropped to a six-month low on Thursday as global oversupply and heavy stocks offset a slowdown in the pace of harvesting in top producer Brazil. "Supplies are good, and physical demand is very slack," said Sterling Smith, a futures specialist with Citigroup in Chicago.
NEW YORK/ LONDON, Aug 13- ICE raw sugar futures fell to a six-month low on Wednesday as investors stayed focused on strong Brazilian yields, while Liffe cocoa rose to a three-year high on support from the sharply lower British pound.
*Cocoa remains near Monday's three-year high. Cocoa on ICE Futures U.S. and Liffe were steady as the markets consolidated after touching a three-year high in the prior session. The rally was a knee-jerk reaction to a fire at a Rumo sugar warehouse operated by producer Cosan SA at top grower Brazil's Santos port.
SANTOS, Brazil, Aug 4- Firefighters at the Port of Santos contained a blaze at Cosan SA's sugar terminal early on Monday, but the damage threatened to disrupt exports of the commodity from Brazil, the world's largest producer. There was no sign that the fire had spread beyond the warehouses controlled by Rumo Logística, Cosan's transportation at the port.
NEW YORK, July 10- Domino Foods Inc, one of the biggest sugar refiners in the United States, cut refined sugar prices by 5 percent on Thursday, according to a letter seen by Reuters, following a drop in domestic raw prices as concerns about supplies subside.
NEW YORK/ LONDON, July 7- ICE sugar futures were down nearly 2 percent on Monday, following a smaller-than-expected reduction in speculators' bullish position, while arabica coffee pared losses as investor selling dried up, after both markets had hit 4-1/ 2- month lows.
NEW YORK/ LONDON, July 7- ICE sugar futures dropped 2 percent on Monday, following a smaller-than-expected reduction in speculators' bullish position, while arabica coffee tumbled on investor selling, with both markets falling to 4-1/ 2- month lows.
Robert Brooke, CEO, Stevia First, introduces the origins of stevia and describes why it is "a great alternative" to sugar.
NEW YORK/ LONDON, June 27- ICE cocoa futures hit a near three-year peak on Friday on strong chart signals and falling exchange stocks, and raw sugar saw the biggest one-day rout since February on weak demand for physical delivery ahead of the July contract's expiry on Monday.
NEW YORK/ LONDON, June 27- ICE cocoa futures rallied to a near three-year peak on Friday on strong chart signals and falling exchange inventories, and raw sugar plunged, on track for the biggest one-day rout since February on weak demand ahead of the July contract's expiry.
NEW YORK/ LONDON, June 5- ICE cocoa futures pared gains after tapping a 33- month high on Thursday, as buying dried up after rallying for the past two weeks, while raw sugar quietly eased to a five-week low after falling below a psychological support level. Coffee futures were also quietly lower.
LONDON/ ANKARA, May 11- Payment problems are disrupting commercial food cargoes to Iran, with hundreds of thousands of tonnes of grain and sugar stuck in transit, as Western banking sanctions complicate deals and trade financiers scale back exposure.
LONDON, May 6- War-torn Syria is struggling to buy food commodities in the quantities it needs, despite repeatedly issuing tenders for hundreds of thousands of tonnes of sugar, rice and wheat, trade sources say.
In a new measure, food companies will be asked to label their products as "blend" if sweeteners are added to honey, in an effort to regulate food.
Luke Chandler, Global Head of Agricultural Commodity Markets Research at Rabobank, explains why he thinks the potential upside in coffee and sugar prices are now largely priced in.
Kona Haque, head of agricultural research at Macquarie Group, expects sugar prices to fall further during the next six months. She says the market will bottom-out before the end of 2014.