Sugar reaches €815/ton in region 3 of the EU where Spain is located

Published 2023년 1월 31일

Tridge summary

The EU Sugar Market Observatory recently released data showing a significant increase in sugar prices in November 2022, compared to both the previous month and the same month in 2021. The average price per tonne across the EU rose to 622 euros, a increase of 36 euros from October and 50% higher than November 2021's figure of 414 euros. The average price in region 2, which includes France and Germany, was 588 euros, up by 22 euros from the previous month, and region 3, which includes Spain, saw an average price of 815 euros, a increase of 104 euros from October and 64.3% higher than November 2021.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In relation to the previous month, the price increases by 104 euros, while in relation to November 2021 the amount increases by 64.3% The latest report from the EU Sugar Market Observatory has placed the average price of sugar, during November 2022, at 622 euros per tonne, gaining 36 from the previous month while, in relation to 2021, the increase is 50 % from the initial €414. As regards "region 2" in which Brussels encompasses, for example, France and Germany, the average amount has reached 588 euros, after earning €22 the previous month. In the interannual data, in that area, an increase of 45.1% can be seen from the initial 405 euros to the 588 already mentioned that the statistics register in the ...

Source: Castilla