• Weekly Market Report 19 April 2017 19 April 2017

    Sugar

    •       Raw sugar futures have traded choppily over a 100 point range this week.
    •       Tests of 17 and 16 USc/lb have been met with decent resistance and support.
    •       Looking ahead, Brazil becomes a key market driver with the start of their 17/18 harvest.

    Currency/macro comments

    •       AUD price action has been highlighted by a recovery back toward 76 cents.
    •       RBA continues to highlight concern for the local housing market and employment growth.
    •       Near term, AUD remains under pressure with commodities continuing to slide lower.
    Read full article
  • Monthly Market Report April 2017 1 April 2017

    Sugar

    •     A bounce off 15.15 USc/lb highlighted price action for the month.
    •     The approach toward ethanol parity (15 cents) saw sugar back above 16 USc/lb.
    •     In the short term, the view remains neutral with weather risks driving any moves higher.

    Currency/macro comments

    •     A joyless month for the AUD posting five-month lows at 0.7330 USD.
    •     AUD weakness attributed to a combination of a firming USD and soft commodity prices.
    •     Further clarity and responses to reduced OPEC production will hold markets near term.
    Read full article

Login to the Pricing Portal

If QCS is the marketer for all or some of your GEI sugar and you would like to forward price online, please contact us  to arrange access to the Pricing Portal.

Pricing Portal