Mexico sugar stocks down 6% YOY

CNDSCA reports available stocks at the end of September at 0.96 MMT, down 6 percent YOY. Including certified stocks for export, all sugar carryout was down 8 percent YOY at 0.96 MMT—certified stocks are down nearly 87 percent YOY. In the October WASDE, USDA [...]

Mexico 2021/22 sugar production near 6 MMT

Through May 27, Mexico’s sugar production reached 5.960 MMT, up 4 percent YOY. Total cane crush has continued to outpace last year’s pace. About 22 mills are expected to have continued crushing in the last week of May out of 49 mills reported as [...]

Mexico sugar still weakening in midcrop period

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 [...]

Mexico refined sugar pricing weakens, still strong historically

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 [...]

Estandar sugar pricing holds, refined holds steady early in Mexico campaign

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 [...]

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