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

RBD Palm Oil
Published May 28, 2021

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
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