ALL AGRI #sugar

Brazil’s largest sugar and ethanol maker Raizen SA is looking at potential asset sales and halting projects to build new plants in an effort to reduce debt after borrowing costs soared in the country.Most Read from Bloomberg

March NY world sugar #11 (SBH25) is up +0.08 (+0.39%), and May London ICE white sugar #5 (SWK25) is down -5.50 (-1.01%).

The sugar market in China is projected to experience a slight increase in performance, with a forecasted CAGR of +0.3% in volume and +1.9% in value from 2024 to 2035.

However, wholesalers blame millers for increasing the rates.In a week, the wholesale rate swelled by Rs15 to Rs155 per kg in Karachi.