Discounts on offers of Brazilian physical raw sugar narrowed this week, signaling a pickup in overall demand as dealers noted talk of an uptake in Chinese sugar buying against a backdrop of ample global supplies. To help sugar mills saddled with large sugar stockpiles, Indian government have restored the rate to about Rs 3300 per tonne.
Sugarcane| Discounts on offers of Brazilian physical raw sugar narrowed this week.
June 18, 2014 9:14 AM | Skymet Weather Team