Arab Today, arab today sugar premiums tick lower as prices rise
Last Updated : GMT 23:12:04
Arab Today, arab today
Arab Today, arab today

Sugar premiums tick lower as prices rise

Arab Today, arab today

Arab Today, arab today Sugar premiums tick lower as prices rise

Jakarta - Arabstoday

Thai sugar premiums inched down after recent rises in futures prices, but buying interest from China and tight prompt supply could offer support to the lethargic market, dealers said yesterday. Dealers, citing shipping reports, said raw sugar was being loaded at ports in top producer Brazil for shipment to China, which is estimated to face a sugar shortage of 2 million tonnes this year. \"There\'s quite a lot of raws either already arrived or on their way to China, but maybe they haven\'t gotten through the supply chain yet. It may be signalling there\'s a bit of prompt white sugar shortage in some regions,\" said a dealer in Singapore. \"There\'s a lot of talk about the Chinese buying prompt white sugar from both Vietnam and Thailand. There\'s certainly quite a lot of vessels being loaded in Brazil for China.\" Article continues below China said in May it would release 250,000 tonnes of white sugar from state reserves, the first such sales this year, to help cover a supply gap and cool domestic prices. But a slip in Thai raw sugar premiums for prompt delivery suggested that purchases by China could either be small or for forward months. The widely traded high polarisation, or hipol Thai raw sugar, was offered at 180 to 200 points above New York\'s October contract down slightly from 250 points last week, with no deals reported. There was, however, buying interest for shipments in the first half of next year as premiums also slipped. Premiums for J-spec, or raw sugar favoured by Japanese consumers, fell to 150 points from 180 points premiums last week.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sugar premiums tick lower as prices rise Arab Today, arab today sugar premiums tick lower as prices rise

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sugar premiums tick lower as prices rise Arab Today, arab today sugar premiums tick lower as prices rise

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday