Sugar Annual Report, Mexico – 23rd April 2019

Mexican sugar prices have stabilized after significantly low levels in January and February. Low international sugar prices and the importation of high fructose corn syrup resulted in an oversupply on the domestic market.  Unrest between sugar cane growers and mills has subsided after export commitments restarted.  To date, there are remaining supplies of domestic sugar destined for international markets, delayed due to logistical difficulties and low international sugar prices.  However, domes…