Estandard pricing is flat week on week, while refined appreciated 1.2 percent from the previous week, unsurprising given that refined stocks are seen as tighter this season.
Through the 14th week of the crush campaign, harvest area picked up slightly and is now 27 percent down YOY. Cane crush to date is down 24 percent YOY. At 744,455 MT of sugar, production is down nearly 30 percent YOY.
Mexico sugar reference pricing
Source: SAGARPA, McKeany-Flavell
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