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November Outlook: Coffee, Sugar and Value-Added Products
Canned or Jarred Tomato
Turkiye
Colombia
Mzingaye Ndubiwa
Published Nov 3, 2023
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•Brazilian coffee prices are expected to increase due to the recent appreciation of coffee on the international market. Improving production volumes are expected to put downward pressure on Colombian prices in November, while Vietnamese prices are expected to decrease due to falling prices in the US and the European markets.
•In India, sugar production concerns are expected to keep prices in the upper range. In Brazil, sugar prices are set to rise due to sugar mills focusing on fulfilling export orders, leaving domestic supply limited.
•Turkish orange juice (OJ) prices are expected to rise due to an anticipated decline in OJ production. Tridge expects OJ prices in the US to remain in the upper range for the coming month due to the supply crunch, while Brazilian prices are expected to trade high due to low supply.
•Tridge expects value-added tomato products to continue their erratic behavior due to the ongoing instability in the domestic tomato supply chain.
•In India, sugar production concerns are expected to keep prices in the upper range. In Brazil, sugar prices are set to rise due to sugar mills focusing on fulfilling export orders, leaving domestic supply limited.
•Turkish orange juice (OJ) prices are expected to rise due to an anticipated decline in OJ production. Tridge expects OJ prices in the US to remain in the upper range for the coming month due to the supply crunch, while Brazilian prices are expected to trade high due to low supply.
•Tridge expects value-added tomato products to continue their erratic behavior due to the ongoing instability in the domestic tomato supply chain.
Table of contents
Part I: Key Indicators
Part II: Coffee and Sugar
◘ Coffee
◘ Sugar
Part III: Value-added Products
◘ Orange Juice
◘ Value-added Tomato
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