Analysts expect India to be a net exporter of sugar in 2013/ 14, selling at least 1.5 million tonnes and possibly more than 2.0 million depending on price movements in coming months. ICE raw sugar futures slipped to three-month lows this week after news that the cane crush in India had begun, signalling more exports.» Read More
NEW YORK, Oct 29- Raw sugar fell the most in a month on Tuesday on fears of a selloff following speculator hoarding of the commodity, while natural gas tumbled for a second straight session on mild weather forecasts in key U.S. regions.
SAO PAULO, Oct 21- A fire on Friday at Copersucar's sugar terminal, the largest in Brazil, means the company is likely to need to find space elsewhere from which to export the sweetener next cane season while it rebuilds the warehouses. Copersucar lost 180,000 tonnes of sugar, or 10 percent of Brazil's monthly exports to the fire.
LONDON, Oct 21- Images of warehouses full of Brazilian sugar going up in smoke have drawn attention to a price hike in a commodity already finding new favour with investors as years of oversupply look like coming to an end.
*Biggest loss to sugar market: Brazil export capacity. SAO PAULO, Oct 18- A fire ravaged Copersucar's sugar terminal in Brazil on Friday, paralyzing operations of the world's biggest sugar trader and putting 10 million tonnes of export capacity offline for six months or more.
SAO PAULO, Oct 18- Fire on Friday destroyed most of the infrastructure at Copersucar's sugar terminal in Brazil, one of the biggest in the world, likely putting 10 million tonnes of export capacity offline for up to six months until repairs are made.
*Cocoa slips as investors take profit after inline N.A grind data. NEW YORK/ LONDON, Oct 18- Raw sugar futures spiked to a one-year-high on Friday after a fire engulfed four warehouses in Brazil's Santos port, jeopardizing a fifth of monthly exports from the top producer's main terminal.
LONDON, Oct 18- A fire at Santos Port warehouses controlled by Brazil's largest sugar trader Copersucar rallied raw sugar futures by around 5 percent to a near 1- year high on Friday,.
*Sugar may extend technical rally to 20- 20.50 cents per lb. Oct 11- Metal prices will be stuck in a rut into next year due to festering uncertainty over the timing and scale of tapering in the United States, with soft commodities such as coffee offering a better chance of returns, said Jefferies Bache's president.
NEW YORK, Oct 8- Crude oil, copper and soft commodities cocoa and sugar rose on Tuesday, while grains and gold eased as investors remained cautious about the partial U.S. government shutdown and the threat of default. U.S. crude oil futures settled at $103.49 per barrel, up 46 cents, or 0.45 percent.
NEW YORK, Oct 1- Gold, copper, crude oil and a number of other commodities fell sharply on Tuesday after the U.S. government's partial shutdown caused investors to sell and discouraged others from buying. Gold sank 3 percent as some investors became frustrated at the market's inability to rally after the U.S. government shutdown.
*Change in Indonesia beef policy to boost Aus cattle exports. *Sugar production outlook drops by around 6.5 pct. SYDNEY, Sept 17- Australia has boosted its projection for live cattle exports by 25 percent, after key market Indonesia abandoned a quota system.
*Australia sugar production forecast drops by around 6.5 pct. SYDNEY, Sept 17- Australia has lowered its forecast sugar output in the 2013/ 14 marketing season by around 6.5 percent due to flood damage and crop disease, the world's third largest raw sugar exporter said.
*China firming plans to switch to subsidies for cotton growers- sources. *Move could fan calls to scrap China sugar stockpiling.
NEW YORK, Aug 21- U.S. sugar processors have offered to sell 90,150 tonnes of sugar to the U.S. Department of Agriculture as part of its "sugar-for-ethanol" program, designed to reduce an oversupply and boost domestic prices, the government said on Wednesday.
NEW YORK, Aug 16- Commodity prices traded mixed on Friday, with profit taking, favorable weather and currency pressures hitting grains, sugar, and coffee prices, but an improved demand outlook sent some industrial metals up nearly 2 percent. Supply worries stirred up by violence in Egypt and Libya lifted energy prices, although dollar strength capped gains.
NEW YORK, Aug 12- Gold prices hit three-week highs on Monday after the largest exchange traded gold fund showed the first net inflow since June, while surging silver and raw sugar also contributed to broad gains in commodities.
NEW YORK, Aug 12- Gold hit the highest price in nearly three weeks on Monday and raw sugar scaled a seven-week peak, contributing to broad gains in commodities. Soybeans had the largest one-day rise in 2-1/ 2 months after forecasts for drier weather in the next few weeks that could trim output potential in the U.S.
*Lack of new Brazil sugar milling capacity. *Sugar area in Russia, Ukraine seen lower. Kona Haque, Macquarie's senior soft commodities analyst, said a lack of new milling investments in top grower Brazil, a shift out of beet production in Russia and Ukraine, and higher-than-expected global demand, augured for a recovery in prices.
NEW YORK, July 29- Corn prices fell on Monday, approaching three-year lows on forecasts for ideal U.S. crop weather, while raw sugar had its biggest one-day surge in six weeks as funds covered short positions. Oil prices ended mixed, with U.S. crude falling slightly and London's Brent crude rising on oil supply disruptions in Europe and the Middle East.
NEW YORK, July 25- U.S soybean prices hit two-month lows on Thursday and soymeal futures again dropped by their daily trading limit as a giant crop loomed, while raw sugar rebounded after mill shutdowns in Brazil.