Sugar: British Sugar raises ex works prices

September 24, 2018 at 10:32 AM , Der AUDITOR
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LONDON/PARIS. The sugar giant British Sugar has raised its ex works prices. At the same time, reports state that the farmers are to receive less for their sugar beets.

 

Time of loss transactions is over

British Sugar has increased its ex works prices for prompt deliveries of granulated sugar, EU Cat II from 0.28 EUR/kg to 0.30 EUR/kg. The British sugar giant has confessed to having sold at a loss over the few months. This is, however, no longer necessary as supplies from 2017/18 are slowly coming to an end. Some traders are, however, still offering a price of 325 EUR/mt DDP Germany.

At the same time, it is reported that British Sugar has agreed contract prices with the National Farmers Union (NFU) for this ye

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