Mexico domestic sugar reference pricing continues to strengthen
For the week ending Sep. 18, the average reference price for Mexico estandar sugar rose 1.4 percent from a month prior and averaged up 28 percent YOY. Refined price was up almost 1 percent for the week and up 25 percent YOY.
For Sep. 21, estandar and refined pricing were up 0.3 percent and 0.6 percent, respectively, from the previous week’s average. Stronger pricing would normally be expected ahead of the start of the new crush campaign, and tight domestic stocks are expected to continue to bolster prices.
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.