Through the week of Feb. 4, the 19th week of Mexico’s 2022/23 sugar campaign, cumulative cane harvest area was reported up 3.8 percent YOY. Due to poor cane yield (tonnage), however, total cane crush is still down 6.5 percent YOY, and with the sugar [...]
At the start of this week, pricing is flat from the previous week but down almost a point from the four-week average for both estandar and refined. In August, the Ministry of Economy announced that initial export quotas to the U.S. will total 657,153 [...]
November’s average reference pricing for estandar fell 1.9 percent from pricing in October, while refined pricing gained slightly, up 0.3 percent from the October average. Year on year, estandar and refined references prices are up 21 percent and 23 percent, respectively. Through the eighth [...]
