Inflation and high energy costs are pushing up European sugar prices, with further rises expected as demand returns to pre-pandemic levels.
World market sugar prices Having steadily risen between 2019 and mid-2021, the ICE New York #11 raw sugar market has traded in a relatively tight range these past 15 months or so, see-sawing between 17½ and 20½ cents/lb. During the last 15 months, no sooner had the market risen on bullish news, it has been
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