SAO PAULO, Nov 13- Biosev SA, the Brazilian sugar and ethanol unit of French commodities trader Louis Dreyfus Corp, posted a quarterly loss as revenue fell due to stock building efforts. Although adjusted net debt rose 11 percent to 4.10 billion reais on Sept. 30 from the end of the first quarter on June 30, Biosev reduced short-term debt by 11 percent as it shifted to...» Read More
MEXICO CITY, Oct 28- Mexico expects to export 1.5 million tonnes of sugar to the United States in the current season following a trade deal struck this week, the country's sugar chamber said on Tuesday, in what would mark a sharp drop from the previous season. Francisco De Rosenzweig, Mexico's deputy foreign trade minister, said the deal provides Mexico with more...
MEXICO CITY, Oct 28- Mexico expects to export 1.5 million tonnes of sugar to the United States during the current season following a trade deal struck on Monday, which would mark a sharp drop compared to last season, the country's sugar chamber said on Tuesday. Juan Cortina, president of Mexico's sugar chamber, added that the deal does not involve a fixed export...
MEXICAN SUGAR CHAMBER SAYS EXPECTS TO EXPORT 1.5 MLN TONNES OF SUGAR NEXT YEAR TO UNITED STATES.
MUMBAI, Oct 28- Tokyo rubber futures, which set the tone for tyre-grade prices, are likely to trade in a tight 10- yen range this week due to steps taken by rubber-producing countries to support farmers, dealers and analysts said. The new benchmark Tokyo Commodity Exchange rubber contract for April delivery was trading at 198.2 yen per kg by 0911 GMT.
MEXICO CITY/ WASHINGTON, Oct 27- Mexico and the United States reached a deal on Monday to avert potentially steep duties on Mexican sugar imports to the United States, defusing a months-long dispute that threatened to escalate into a major trade war. The concessions will help resolve a dispute that threatened to spiral into a tit-for-tat trade war after Mexico...
WASHINGTON, Oct 27- A draft agreement between the United States and Mexico to suspend import duties on Mexican sugar would set reference prices for sugar shipments, according to texts released by the U.S. Department of Commerce. The agreement, if confirmed, would set a reference price for refined sugar at $0.2357 per pound and a price for all other sugar at $0.2075...
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.
LONDON, Sept 8- Associated British Foods maintained its annual earnings guidance, with a good finish to the year from discount fashion chain Primark offsetting continued weakness in the group's sugar operations.
Abah Ofon, Agricultural Commodities Research at Standard Chartered, explains why sugar prices could head higher in 2015.
A report says the U.S. will add import duties on Mexican sugar. CNBC's Rick Santelli provides perspective.
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.