Prices have been increasing in the last few weeks after the concern about supply in the next three months has been materializing in different regions such as Brazil, India, and Thailand. This summed up with Egypt and Algeria’s ban on exports, coming along with operational issues in Al Khaleej (UAE) that are not operating at full capacity is at least sustaining prices up and keeping supply very short. So for the next three months, the supply is expected to remain very tight, for both raw and white sugar around the world market.
Side note: Check out our Import Parity Raw Sugar Cost Calculator.
