In Mexico, reference pricing for estandar and refined were down 1.8 percent and 1.0 percent, respectively, vs. the four-week average.

Average June pricing for estandar is about unchanged year on year, while refined pricing is up over 11 percent YOY.

With the 2020/21 sugar cane campaign virtually over, total sugar production reached 5.695

MMT, up about 8 percent YOY but down about 4 percent from the five-year average.

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Mexico refined sugar reference price

Source: SNIIM, McKeany-Flavell
Posted by: Information Services
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