* Dealers said prices look set to remain range-bound for the time being, with funds content to remain long but not to extend their position much more. the amount of subsidy. * March raw sugar fell 0.07 cents, or 0.5%, to 14.81 cents per lb by 1119 GMT, having hit an eight-month high of 15.23 cents last week. 1.4%, to $2,357 a tonne. We, however, have a request. There was an error, please provide a valid email address. Unauthorized distribution, transmission or republication strictly prohibited. * March New York cocoa settled down $34, or * December white sugar, which expires on Friday, India's production from October 1 to November 5 climbed to 425,000 metric tons, up 32 per cent from a year earlier, the National Federation of Cooperative Sugar Factories said. * Ivory Coast cocoa grinders processed 49,000 tonnes of beans in October, up 4% from the same period last season. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. government comment on the matter, as well as the official By continuing to use our site, you agree to our Terms of Service and Privacy Policy. settled lower by $4.70, or 1%, to $398.90. * Dealers said prices look set to remain range-bound for the ICE raw sugar futures fell on Tuesday as funds remained on the sidelines after pushing prices above 15 cents and as wider market euphoria subsided somewhat over news of a promising vaccine for the... | November 10, 2020 thanks to the Brazilian influx. benchmark prices. * Underpinning arabica, however, are concerns that recent dry weather could contribute to a significant production decline in top grower Brazil next year. Digital Editor. NEW YORK/LONDON, Nov 10 (Reuters) - ICE raw sugar futures More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. * March London cocoa was down 27 pounds, or 1.7%, at 1,612 pounds a tonne​. 365 Bloor Street East, Toronto, Ontario, M4W 3L4. Find Sugar Futures Latest News, Videos & Pictures on Sugar Futures and see latest updates, news, information from NDTV.COM. * They added, however, that the government has yet to agree the amount of subsidy. Team Business Standard, Speculation heightened the Asian nation may export as much as 6 million tons this season, easing a global deficit that has supported prices, Last Updated at November 11, 2020 23:44 IST, Govt not considering extension of sugar export subsidies for 2020-21: Goyal, 7,000 tonnes onion imported, 25,000 tonnes may arrive before Diwali: Goyal, Imported onion likely to ease prices in Kolkata's wholesale market, Farmers in Uttar Pradesh feel the pinch as potato prices touch record highs, Over 5,000 bags of PDS rice hidden in mills recovered during raid in Punjab, Onion prices shoot up in Pune amid supply crunch due to damaged crop, Despite lockdown, sugar mills contract for 4.2 million tonnes of exports, India needs to export 6 million tonne sugar as output rebounds: Trade body, Sugar mills eye molasses export, higher ethanol for blending in glut season, India likely to export 6 million tonnes of sugar in 2019-20: Trade body, Indian sugar export subsidy decision unlikely before state polls: Report, Access Exclusive content - articles, features & opinion pieces, Weekly Industry/Genre specific newsletters - Choose multiple industries/genres, Access to 17 plus years of content archives, Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box, End of day news alerts on 5 companies (via email). LONDON: Raw sugar futures on ICE were sharply lower on Thursday while coffee and cocoa prices also weakened as lockdowns in Europe weighed on crude oil and many other commodity markets. likely to export. We apologize, but this video has failed to load. This advertisement has not loaded yet, but your article continues below. We encountered an issue signing you up. for the first time in a move that could put pressure on * December white sugar, which expires on Friday, dipped $1.60, or 0.4%, to $402. LONDON — ICE raw sugar futures fell on Tuesday as funds remained on the sidelines after pushing prices above 15 cents and as the wider market euphoria over news of promising coronavirus vaccine results settled down somewhat. beans in October, up 4% from the same period last season. Try refreshing your browser, or tap here to see other videos from our team. * December arabica coffee settled up 0.45 cents, or Rain relief was forecast for crops this week in the South American nation. We believe in free, fair and credible journalism. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Enjoy Reading! Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. NEW YORK (Reuters) - A huge bullish position held by hedge funds and money managers in raw sugar futures in New York is convincing global producers to boost production, a move analysts say could produce a glut before long due to persistently weak demand.. Last Updated at November 11, 2020 23:44 IST. Business Standard is happy to inform you of the launch of "Business Standard Premium Services". We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. * Ivory Coast cocoa grinders processed 49,000 tonnes of * India, a top sugar producer, has revived a proposal to get sugar mills to export 6 million tonnes of the sweetener by providing incentives for overseas sales in the 2020/21 season, two government sources said.

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