The global demand for sugar will exceed supply by 7.8 million tonnes this year, almost double the previous estimate, reflecting the fall in production in Asia, according to the International Sugar Organization (OIA), compiled by Bloomberg. The supply deficit will be 4.3 million tons, said Sergey Gudoshnikov, senior economist, of the ISO, who participated in the workshop of Datagram in New York. The effects of increasing the harvest of Brazil, the world's largest producer of sugar, are being undermined by falls in India. The new deficit is expected in 2010. In New York, the contract for October closed to 15.89 cents per pound-weight, high of 17 points. In Chicago, the sack of 50 kilograms close to R $ 45.51, according to the Cepea / Esalq.
Keeping posted.
BSL- Best Shipping Logistic
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.
