Food Industry News

The growth of the Brazilian real impact on coffee and sugar

Prices of sugar and coffee grown on the background of the strengthening of the Brazilian real, according to Financial Times.

During the bidding 10 April the Brazilian real rose by more than 1% - up to 3,48 reals to the dollar, and therefore the price of sugar also rose to 1% - up to 16,06 cents per pound, the price of Arabica coffee - to 1,5%, to $ 1,284 per pound.

Brazil is the largest producer of sugar and coffee in the world.

The current volatility of the real, due to uncertainty about the process of impeachment of the President of Brazil Dilma Rousseff. Brazil's currency fell after the suspension of the process of the ad in the beginning of the week, then restored after resumption of growth.

The price of sugar is also supported by concern because of the drought in Brazil and India, according to RNS.

See also ... 04 / 05 / 2016 Sugar production in India may drop sharply25 / 06 / 2014 In India, the invasion of 20 / 07 / 2015 coffee stem beetles India has sharply increased its supply of 08 / 06 / 2012 coffee The global sugar prices have increased in 2004. Coffee has risen in price because of fears of supply cuts 23 / 04 / 2014 Brazil has expected a crop of arabica coffee by 29 / 02 / 2016 because of crop failure in Brazil has risen in price for coffee 17 / 08 / 2015 A cup of coffee with sugar in the Baltic countries in the Baltic States in the Baltic States in the same year, in the same year, 10% of coffee coffee-sugar and 19 / 01 in the Baltics in 2012 rose to 10%. 2011 / 11 Scientists have found substances in coffee beans that lower the proportion of sugar in blood i04 / 2013 / 02 Orange Juice has fallen in price over the week by almost 10% 2012 / 10 / 05 McDonald's opens vegetarian fast-food restaurants 09 / 2012 / 14 in India American Monsanto can leave India 2014 NNXXX / 03 Indian schoolchildren beat up teachers for a poor-quality lunch 2016 / 04 / 03 In Mumbai, 2015 people died from alcohol poisoning

Add a comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to combat spam. Find out how your comment data is processed.