Global View Sugar Report – UNICA First half May crush numbers – 23rd May 2019
23rd May 2019
Daily technical analysis of the global sugar markets from Mike McDougall, Managing Director of Paragon Global Markets.
Quick resume. The mix was higher than expectations, with a 36.22% mix beating the high guess of the range put out by Bloomberg (35.2%) Remember though sugar production so far this year is running 28.45% behind last year. Some 1.2 million tons. Many mills delayed crush as it is behind by 18.27% but must have
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