Sudzucker Expects Sugar Prices to Rebound
Sudzucker expects European sugar prices to recover from recent four-year lows. Droughts and reduced harvests are expected to limit market supply.
Xurve View
Insights:
Xurve View
Südzucker expects Sugar prices to rebound from four-year lows during the upcoming autumn months as droughts and low rainfall constrain European harvests. The forecast follows a drop in the average European white sugar price to €499 a ton in July, according to European Commission data. Lower market supply and redirected crop volumes toward ethanol production underpin the projected price recovery.
