• QCS Weekly Market Report 13 February 2018 13 February 2018

    Sugar

    • An uneventful week for raw sugar futures, which traded a 76-point range to finish the week slightly higher.
    • Dubai Annual Sugar Conference attendees were overwhelmingly bearish due to statistical surpluses on the way.

    Currency/macro commentary

    • Following increased volatility in global asset markets, the AUD has underperformed in the last week.
    • Over the week, the USD made up for recent weakness as yields soared, while the AUD bottomed out at USD 0.7759.
    • Locally, we saw the first RBA meeting of 2018, which was accompanied by commentary perceived as ‘more upbeat’ as the RBA left rates on hold.
    Read full article
  • QCS Weekly Market Report 5 February 2018 5 February 2018

    Sugar

    • Raw sugar futures seesawed across a 58-point range last week, before eventually settling near the week high on Friday night.
    • Market fundamentals remain solid as the specs historical net short position and ethanol parity in Brazil continue to keep prices at bay.

    Currency/macro comments

    • The AUD remained under pressure into the end of the week as US Payrolls data released better than expected.
    • In addition to lingering weakness following a soft CPI print, the AUD closed at the week’s low.
    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