price of sugar. Exchange price for sugar today
the price of sugar today visible in the online table (unit : us$, for the calculation of the value of the date of execution of the nearest futures contract for raw materials).
Commodity in real time - providing Forexpros
Officially, the price of sugar today is calculated American stock option exchange NYSE Liffe on page futures contract White Sugar. There the following information is displayed. The actual current value is reflected in the line of the middle at the moment of a futures contract and in the column «LAST». The contract is measured in us dollars, volume - 50 tons.
Sugar-raw is the current value
the price of sugar today to 90% correlated with the futures price for raw sugar (a basic material from which subsequently made the classic white sugar). The value of futures is reflected in the table. As a rule, the cost of raw sugar in two times lower than the cost of sugar. Information provided by section term contracts of RTS stock exchange.
On the exchange goods
Sugar is a mass product supply, and also the main source of heat energy for the human being. Is produced in more than hundred countries of the world from the sugar beet and sugar cane (the so-called raw sugar). As a rule, the major part of produced sugar is used in the country of origin and about 30% is exported. Average consumption of sugar per capita reaches 20.5 kg per year, and this figure has not changed in the past twenty years.
Sugar trade
Approximately one-third of produced raw materials is sold on the world markets. The main turnover is not in physical form, and with the help of futures contracts with a fixed date of delivery. For example, if the buyer is willing to buy a ton of raw sugar for this, he buys a delivery contract on the stock exchange and the date of execution takes the raw materials to be prepared in advance warehouse.
The main suppliers of the most part of raw materials are private trade organizations, sometimes - sugar brokers. The other part is sold at preferential intergovernmental agreements, or is controlled by state-owned industry.
Usually the cost of sugar varies after the closing prices of raw cane sugar with a little delay. The main participants of the sugar futures market are food manufacturers, importers, manufacturers of raw materials (or exporters), commercial hedgers, and also of speculators and investors.
