Sugar Summit International & Exhibition 2017
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Sat, 17 Feb 2001 to Mon, 17 Feb 2003, 00:00
Start Time:00:00
Duration
1H
Location
Faridabad
Description
ABOUT SUGAR SUMMIT INTERNATIONAL 2017
World crude sugar costs have ascended by 30% since mid-April, from 14.3 US c/lb to 18.8 US c/lb (premise July prospects), reflecting view of a fixing worldwide supply/request adjust.
The net long position of assets in New York sugar prospects has achieved a record level. As of the latest Commitment of Traders report, the long position of assets stands at 243,310 parcels (proportionate to 12 million tons of sugar).
Looking ahead, the following couple of months will be about climate the degree to which it aides or impedes the present reap in Center/South Brazil, and the degree to which it changes 2016/17 trim prospects in the Asian powerhouses of China, India and Thailand.
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