economy Brazil
Global sugar prices rise as Brazil faces crop and political uncertainty
21.1US cents per pound
Raw sugar reached 21.10 US cents per pound on Tuesday.
Global raw sugar prices rose to a 19-month high as Brazil faced weaker crop conditions and a presidential run-off. The rally provided some relief to Australian cane farmers.
1 sourceabc.net.auUpdated
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- 21.1US cents per pound
Raw sugar reached 21.10 US cents per pound on Tuesday.
“Raw sugar has risen sharply in the past few weeks to reach a 19-month high of 21.10 US cents ... a pound on Tuesday”
- 13.36US cents per pound
Raw sugar had fallen to 13.36 US cents per pound in June.
“after slumping to 13.36 US cents (19 cents) a pound in June”
Brazil is the world's largest sugar producer.
“Brazil, the largest producer of sugar in the world”