Sugar, Stevia etc.

[kennynah]

sugar is the biggest winner in the price rise this year..

[winston]

Sugar Shortages Extend Across Europe as Global Glut Expands: Commodities By Isis Almeida and Rudy Ruitenberg

At a time when the world is facing its biggest sugar glut in at least four years, trade barriers mean the European Union is contending with a second consecutive annual shortage.

http://www.bloomberg.com/news/2011-10-1 ... ities.html

[winston]

Sugar Traders Most Bearish in Three Months on Expanding Glut: Commodities

Sugar traders and analysts are the most bearish in almost three months on mounting speculation that supply will outpace demand for the first time in four years, creating a glut that may persist through 2013.

Sugar already fell 25 percent since reaching a three-decade high in February as the surge encouraged farmers to plant more cane.

Goldman Sachs Group Inc. expects a 12 percent drop in raw- sugar prices in the next six months and Barclays anticipates three consecutive quarterly declines as the surplus expands.


http://www.bloomberg.com/news/2011-10-2 ... ities.html

[kennynah]

sugar daddy

[winston]

not vested

DJ China September Sugar Imports 468,868 Tons, Up 33% On Year

BEIJING (Dow Jones)--China imported 468,868 metric tons of sugar in September, up 11% from the previous month and 33% higher on year, the General Administration of Customs said Monday.

In the first nine months of the year, China imported 1.67 million tons of sugar, up 22% on year, customs said.

Source: Dow Jones Newswires

[winston]

not vested

DJ China 2011-12 Sugar Output Likely Up 15% To 12 Mln Tons -Industry

BEIJING (Dow Jones)--China's sugar output this marketing year will likely reach 12 million metric tons, up 15% from 10.45 million tons last year, according to an industry official.

Sugar consumption in the year that began Oct. 1 will likely total 14 million tons, leaving a shortfall of around 2 million tons, Liu Hande, chairman of the Guangdong Sugar Association, told a conference Tuesday, according to a transcript on the Guangxi Sugar Network, an industry website.

The China Sugar Association will likely issue a detailed forecast Wednesday. Analysts have said output this year will likely be slightly less than 12 million tons.

Liu said China should expand its sugar reserves to at least 3.6 million tons.

Nong Guang, chairman of the Guangxi Sugar Association, said state sugar stockpiles, which the central government doesn't publicly disclose, are at the "lowest level in history," after the government sold 1.88 million tons from state reserves in 2010-11.

Nong said China should import more sugar while global prices are low.

China imported 468,868 metric tons of sugar in September, a record, and imports in October are expected to stay high, as domestic importers take advantages of relatively low global prices.

In 2010-11, China imported 2.07 million tons of sugar, up 401,600 tons from the previous year, according to China Sugar Association data.

Source: Dow Jones Newswires

[londonhearts]

With the USD strength this past week, a number of soft commodities appear to be on the verge of breakdown.

Sugar has broken down from a 1 year plus rising trendline, and is now testing its previous low of 24 cts from Sep. If this fail, we could see a move back down to May lows of 21 cts. Lightly vested.

^SBH12 Sugar Mar12 20-Nov-2011.jpg

[winston]

*DJ China Jan-Oct Sugar Imports 2.01 Mln Tons, Up 24% On Year -CCS

Source: Dow Jones Newswires

[winston]

Sugar Traders Wager That Biggest Glut in Five Years Is Ending: Commodities

Traders are betting that the biggest sugar glut since 2007 will shrink in the next harvest, reversing expectations from six months ago and ending the largest decline in prices in a decade.

Futures fell 27 percent last year, the most since 2001, as a glut emerged after three consecutive annual shortages. Traders are now focused on the prospect for crops in India and Brazil, which account for 38 percent of output.

The predicted rally may curb a drop in global food prices tracked by the United Nations that drove costs to a 14-month low in December.

http://www.bloomberg.com/news/2012-01-1 ... ities.html

[kennynah]

Sugar Daddy