QSL Market Update, 5/5/2021

05/05/2021 | 01:47am

In this week's QSL Market Update:

  • The first UNICA bulletin relating to the new CS Brazil crop reported significantly lower production of both sugar and ethanol compared to last season
  • A relatively low volume of 516,000mt of raw sugar was delivered to the tape at the May21 contract expiry, the majority of which appears to be the remainder of the old 2020 CS Brazil crop
  • The Australian Dollar broke above the 78 US cents level last week, reaching its high of 78.18 US cents on Thursday before dropping to its low on Friday of 76.96 US cents

To read our full market update, please click here.

Disclaimer

Queensland Sugar Limited published this content on 05 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 May 2021 05:46:01 UTC.

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