중국 설탕 인사이트

China's corn imports have fallen sharply by almost 40% in the year to November 2024, totaling 13.3 million tons. The decline occurs in the context of a record cereal harvest in the Asian country, according to data released by the Chinese government this Wednesday. The decline in Chinese purchases also reflected Brazil's reduced participation as an exporter of the grain in 2024, after a historic performance in the previous harvest. In 2023, Brazil exported more than 16 million tons of corn to China, consolidating the Asian country as the main destination for Brazilian cereal. However, in 2024, with reduced national production, Egypt and Vietnam became the leading buyers of Brazilian corn until October, according to government data.

Corn imports by China recorded a decline of almost 40% in the year to November, to 13.3 million tons, in a period in which the

Sugar prices closed this Wednesday (18) with new drops in international markets, extending the losses recorded throughout the week. On the New York Stock Exchange, the main contracts fell by around 1%, while in London the losses approached 0.8%. With this, the accumulated decline this week in NY alone has already exceeded 5% in the March/25 contract, the most traded. In New York, the March/25 contract fell by 0.19 cents/lbp (-0.96%), closing at 19.65 cents/lbp. May/25 fell by 0.25 cents/lbp (-1.35%), quoted at 18.28 cents/lbp. July/25 fell 0.22 cents/lbp (-1.22%), trading at 17.84 cents/lbp, while October/25 fell 0.21 cents/lbp (-1.17%), trading at 17.81 cents/lbp. On the London Stock Exchange, March/25 fell US$3.40 (-0.66%), closing the day at US$511.60/ton. May/25 lost US$4.20 (-0.81%), trading at US$512.70/ton. August/25 fell US$4.60 (-0.91%), trading at US$501.70/ton, while October/25 fell US$4.00 (-0.80%), closing at US$495.40/ton. According to Lívea Coda, coordinator of ...