The prices of sugar futures closed with strong high on Friday at international stock exchanges, after speculation that India, world's largest consumer product, will increase its imports, since records drastically fall in production, according to Bloomberg analysts
In the New York Stock Exchange, contracts for July closed on the 14.18 cents per pound-weight, with an increase of 51 points.
In London, contracts for October closed at $ 415.60 a tonne, with increases of U.S. $ 7.10. The industries of India want the government to increase the quota for imports of raw sugar for reindustrialization. In Chicago, the sack of 50 kilograms close to R $ 45.84, according to the index Cepea / Esalq. In the month, the value is 2.68%.
Keeping posted.
Ricardo Brandao
BSL - Best Shipping Logistic - Brazil
About the Company
- Ricardo Brandao
- Curitiba, Parana, Brazil
- BSL - Best Shipping Logistic. Established in 2009, a brand new company lead by a 18 years experienced professional in shipping industry and freight forwarding services at southern Brazilian ports: Santos, Paranagua, Sao Francisco do Sul and Itajai. One stop shopping: __________________ - seafreight quotation for Fcl, Lcl and Break Bulk. - Customs Clearance. - Warehousing. - Door Delivery. - Multimodal transportation. - Accreditation of Nvocc b/l. Our goal is to provide logistic for excellence ensuring cost effective and hassle free trade enviroment.