Expectations of a rise in the prices of 8 food commodities worldwide during the next two months and white sugar until August

Published 2021년 5월 27일

Tridge summary

The Chamber of Food Industries of the Federation of Industries has forecasted a rise in the prices of 8 food and agricultural commodities over the next two months, including raw sugar, wheat, yellow corn, unpeeled rice, palm oil, soy oil, coffee, and cocoa, while the price of refined white sugar is expected to increase until August. Additionally, the article reports a decrease in beef prices, an increase in poultry prices, and expectations for tea and orange fruits prices to rise until July 2021.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The global food commodities report issued by the Chamber of Food Industries of the Federation of Industries expected a rise in the prices of 8 food and agricultural commodities during the next two months, which are “raw sugar, wheat, yellow corn, unpeeled rice, palm oil, soy oil, coffee, cocoa,” while witnessing The price of refined white sugar increased until August. The report, which “Money Tomorrow” obtained a copy of, indicated that the prices of refined white sugar decreased during last April to record about 447.3 dollars per ton compared to 451.44 dollars per ton during the month of March, while it increased at an annual rate of about 35 According to the Center for Information and Decision Support based on the London Stock Exchange, sugar prices are expected to rise until next August to about $ 468.8 per tonne. Prices of raw sugar extracted from sugar cane or sugar beet increased during the past month to record about $ 358.03 per ton compared to March. The past, in which it ...
Source: Amwalalghad

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.