date:Jan 22, 2014
The last quarter of 2013 saw sugar prices briefly trading above USc 20/lb in mid-October, their highest point for almost a year, before embarking on a relentless downward trend to USc 16.3/lb at the time of writing.
According to Rabobanks Sugar Quarterly Q4 2013, the fundamentals indicate prices are likely to remain under pressure for at least the next few months.
Firm demand for imports, reaction to the Copersucar terminal fire and doubts about the Brazilian harvest were among the factors beh