Iran Buys Indian Sugar for First Time in Five Years to Overcome US Sanctions

[Chhatrapati]

And at only an extra $7.00 per ton

How do you know these numbers. In most of the import market it's around $370 per ton.

 

[Pakhtoon yum]

I don't engage with people with two flags so enjoy your charade.

Aww, cant hold up your weak claims? Muffin

 

[Neptune_]

The way India has been working with Iran despite US sanctions on Iran is truly remarkable.

Long may their friendship continues. USA has no authority to decide who should have nuclear weapons and who shouldn't have.

 

[I S I]

The way India has been working with Iran despite US sanctions on Iran is truly remarkable.

Long may their friendship continues. USA has no authority to decide who should have nuclear weapons and who shouldn't have.

Bangladesh should have nuclear weapons & your ICBM should be named Bongabandhu & SSBN should be called Hilsa class.

 

[pahadi]

Indian sugar is flavorless and unsweet. Not a fan of it! Keep it away!

I thought Sugar was just used to sweeten up things!!!! my life is a failure.

 

[Arsalan 345]

more sanctions on iran is the only way to handle mullah regime.

 

[Tokhme khar]

It's not about nukes, never was.

The way India has been working with Iran despite US sanctions on Iran is truly remarkable.

Long may their friendship continues. USA has no authority to decide who should have nuclear weapons and who shouldn't have.

 

[jamahir]

Indian sugar is flavorless and unsweet. Not a fan of it! Keep it away!

Sugar shouldn't be too sweet.

Indian sugar mills were struggling to export a domestic surplus until recently

I think I am not wrong to say that sugarcane farmers in Maharashtra and Karnataka state were finding it difficult to sell their surplus crop.

 

[Śakra]

And at only an extra $7.00 per ton over the regular price its only costing iran an extra million plus,its a real bargain........for india
Cheap oil brought with indian rupees that can then only be spent on overpriced indian goods,what a sweet deal for the indians,for iran not a bit.

Business my dear.

 

[RoadRunner401]

How do you know these numbers. In most of the import market it's around $370 per ton.

Where did you get $370 dollar a ton? raw sugar in March and April at $305 to $310 per ton. Iran is paying a premium of as much as $7 per ton compared to other buyers..

 

[Chhatrapati]

Where did you get $370 dollar a ton? raw sugar in March and April at $305 to $310 per ton. Iran is paying a premium of as much as $7 per ton compared to other buyers..

From EU import prices.
https://ycharts.com/indicators/europe_sugar_import_price

and

February prices was $390 as per this report.
https://in.reuters.com/article/glob...wings-into-deficit-reuters-poll-idINKCN1Q01FI

Where did you get this $310 again?

 

[Sam.]

From EU import prices.
https://ycharts.com/indicators/europe_sugar_import_price

and

February prices was $390 as per this report.
https://in.reuters.com/article/glob...wings-into-deficit-reuters-poll-idINKCN1Q01FI

Where did you get this $310 again?

His figures comes from tomato farmer. @Nilgiri

 

[RoadRunner401]

From EU import prices.
https://ycharts.com/indicators/europe_sugar_import_price

and

February prices was $390 as per this report.
https://in.reuters.com/article/glob...wings-into-deficit-reuters-poll-idINKCN1Q01FI

Where did you get this $310 again?

I am talking about prices in month of March not Feb..

 

[Chhatrapati]

I am talking about prices in month of March not Feb..

The price don't fall in the scale of $90 without making a news. Give me source for your finding, or stop making stuff up just to save your lies.

 

[RoadRunner401]

The price don't fall in the scale of $90 without making a news. Give me source for your finding, or stop making stuff up just to save your lies.

Clearly, I am wrong G.O.I is wrong, Iranians are wrong, commodity Traders are wrong and we all are lying to make you a fool. Hate to break this to you, but you don't need others help in that department...

Stop getting involve in Topics you clearly have no clue about...

Sugar is ending 2018 on a bitter note on signs that a price collapse could get even worse next year.

Futures have slumped 17 percent this year, a second straight annual loss, as booming global production sparked a supply glut. The one thing that kept the rout from being even deeper: robust demand for ethanol in Brazil, the world’s biggest sugar grower and exporter. But now that backstop looks like it’s going away.

Cane millers can turn crops into either sweetener or biofuel. For a lot of 2018, high gasoline prices meant Brazilian processors favored making ethanol, helping to cap the sugar glut. The recent plunge for crude oil is signaling that trend is about to reverse.

Most drivers in Brazil own flex-fuel cars that can run on either gasoline or ethanol. Traditionally, consumers choose the alternative fuel when it’s below 70 percent of the price of gasoline because it yields less energy per liter. Now that crude oil is tumbling, the outlook for traditional fuel consumption is improving, and ethanol prices are slumping as a result.

In 2019, cane millers stand to make as much as 13 percent more by turning the crop into sweetener instead of biofuel, according to data from consulting firm FGA, based in Ribeirao Preto, Sao Paulo state. That compares with a sugar discount of as much as 30 percent this year.