Thailand sugar production outlook grim amid heatwave; Brazil sugar seen at 41-42 MMT in 2024-25: Michael McDougall

The expiry of the May contract on the ICE exchange saw the delivery of around 1.67 MMT of raw sugar. Singapore-based commodity trader Wilmar International was the largest deliverer of sugar and Louis Dreyfus was the main receiver. Commenting on it, Michael McDougall, Managing Director, Paragon Global Markets, LLC, said this is the third largest … Continue reading Thailand sugar production outlook grim amid heatwave; Brazil sugar seen at 41-42 MMT in 2024-25: Michael McDougall