Mexico sugar reference prices seem to be showing post-harvest strength, pulling up further from a year ago.
At the end of August, available sugar stocks were 1.288 MMT vs. 1.405 MMT a year prior.
Total 2021/22 exports through August reached 1.586 MMT, up 46 percent YOY. IMMEX sales were 417,920 MT, up 9 percent YOY. Cumulative domestic consumption was up 21 percent YOY at 4.428 MMT.
Mexico sugar monthly ending stocks
Source: SNIIM, McKeany-Flavell
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