Sugar prices fall after Conab’s increases Brazil’s sugar production estimate

Sugar prices experienced a moderate decrease on Friday, influenced by the lingering impact of Thursday’s developments. During the prior day, Conab revised its estimate for Brazil’s sugar production in the 2023/24 period to 40.9 million metric tons (MMT), a notable increase from the April projection of 38.8 MMT. This upward revision came about due to … Continue reading Sugar prices fall after Conab’s increases Brazil’s sugar production estimate