In the last week, the refined sugar price fell 1.1 percent, a more rapid decline than in previous weeks. Pricing for estandar, however, gained 6.0 percent to pre-harvest levels. This atypical increase in price can only be attributed to the market’s reaction to organized cane grower blockades of mill warehouses.

Sugar mills are in the middle of their crush campaigns, but many are now reportedly scrambling to find storage for their sugar in order to avoid having to slow or halt processing.

Mexico domestic sugar reference prices

Source: SNIIM, McKeany-Flavell
Posted by: Information Services
Our Information Services team assists our clients with understanding commodity and ingredient market dynamics. Using our extensive database of intelligence, we also produce regular commodity and commercial market publications covering supply and demand fundamentals, news alerts on events that shape the markets, and resource guides to give you a complete picture of the industries we monitor.