UK sugar price remains high due to tight stocks

Updated Mar 9, 2023
The price for white sugar rose on the London futures market last week to its highest level since mid-September 2022 for the first expiring contract.
At the beginning of this week, the price was $ 580.30 per ton (€ 544). The high price level is partly supported by reports that India will not sell any additional sugar to the world market.
Sugar prices remain volatile
But reports about Indian production are mixed. On Friday, March 3, the Indian Sugar Mills Association (ISMA) announced that Indian production this season through February is 1.8% higher than a year ago in the same period. On the other hand, dozens of factories have already stopped producing sugar earlier than last year, so lower yields are expected. Prices therefore remain volatile.
More information about the price of sugar can be found in Farm Market Prices: View the overview of the ...
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