Mexico sugar pricing ticks higher in September

In the week of Sep. 12, reference sugar prices ticked slightly higher, up half a percent for estandar and up 0.8 percent for refined from the prior week. Source: SNIIM, McKeany-Flavell Average estandar pricing dipped 0.1 percent in August, while refined pricing rose by [...]

Mexico sugar output surpasses year-ago volume

After rising in the previous three weeks, Mexico estandar reference pricing traded marginally lower in the last week of March. Refined, which has been appreciating more slowly in March, made slight gains last week. Source: SNIIM, McKeany-Flavell Harvest area and cane crush are still [...]

Mexico sugar pricing up nominally as sugarcane campaign slows

In the week of Jan. 17, reference prices for Mexican sugar appreciated marginally, up 0.3 percent for estandar and 0.7 percent for refined. Pricing remains down from elevated levels a year ago. Source: SNIIM, McKeany-Flavell After depreciating against the dollar in late November, the [...]

Minor bounce for Mexico sugar pricing; early sugar output still lagging

Reference pricing for Mexico sugar strengthened modestly in week of Nov. 22. In recent weeks, estandar has appreciated more strongly, rebounding after its weaker showing from June through October. Refined is holding steady after a more modest decline from August through October. Following price [...]

Further weakness for Mexico sugar reference prices

In the second week of August, reference pricing for domestic sugar is trending lower, with both estandar and refined down 0.4 percent from the previous week. Estandar pricing is down 1.3 percent from the four-week average, while refined is down just a tenth of [...]

Mexican sugar production up 8% in 2020/21 as season nears end

As of Jul. 17, Mexico’s 2020/21 sugar production reached 5.713 MMT, up 8 percent from production a year prior of 5.278 MMT. Higher harvest area and sugar tonnage per hectare, 64.9 MT vs. 62.9 a year prior, have helped bolster sugar output. Sugar yield [...]

Mexico sugar market updates, cane grower blockades, & the peso

Mill warehouses remain under the control of cane growers, though the CNC grower group maintains that this campaign, intended to preserve sugar pricing, did not hinder milling or processing at any facility. Given that cane pricing is calculated based on wholesale sugar pricing, growers [...]

Mexico sugar prices weaker as cane campaign speeds up

Reference pricing for Mexican sugar was down a little over 1 percent for estandar (down 1.3 percent) and refined (down 1.1 percent) as of Dec. 14, as might be expected as more mills begin crush. With stocks tighter, refined pricing is naturally expected to [...]

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