F O Licht staff
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Latest From F O Licht staff
Brazilian coffee exports reached 35 million-60 kilo bags in 2018, according to a Brazilian Exporters Coffee Council (Cecafé), a record high not seen for 3 years.
Olam International will shut its sugar trade desk, spokeswoman Nikki Barber said, another sign of pressure on trading houses.
The EU biodiesel sector plans to react on the recent decision by the European Commission's trade defence committee to lower the anti-dumping (AD) duties on Argentine biodiesel by September 28, 2017, industry sources have said.
A European Union panel has voted to cut the anti-dumping (AD) duty rates on biodiesel imports from Argentina. The new rates, ranging from 4.5-8.1%, should be introduced by September 28, the European Commission has said.
EU sugar producers are facing the prospect of marketing a massive 2017 crop predominantly within the boundaries of the bloc, with exports currently unprofitable (reports Agra Europe’s sister analyst F.O. Licht).
The European Commission plans to appeal to EU member states for special measures to prevent a short-term crunch in sugar supplies, just months before the bloc will harvest its biggest crop in more than ten years.