Sugar (RETAIL) Prices: News, Historical And Forecast, Database | Procurement Resource

Sugar (Retail) is a vital commodity consumed extensively worldwide. This industrial sweetener is composed of twenty-two hydrogen, twelve carbon, and eleven oxygen atoms, arranged to create the Sugar molecule. It possesses excellent solubility and typically exists in a crystalline form. Its primary components are sucrose, fructose, and glucose, all of which serve as reducing agents. This disaccharide can be sourced from various places, with Sugarcane and Sugar beet plants being significant contributors.

This substance is a valuable source of carbohydrates and energy and is prominently featured in various industrial applications. White and brown Sugar are the two most widely demanded varieties globally. Commercially, Sugar is used in various sectors, primarily as a sweetener and fermenting agent, particularly in the food and beverage industries.

Key importing nations for Sugar (Retail) include the Netherlands, the United States, and Germany. Conversely, major exporting countries encompass Germany, the Netherlands, and France.

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Key Details About the Sugar (RETAIL) Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Sugar (RETAIL) price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Sugar (RETAIL) Prices, including India Sugar (RETAIL) price, USA Sugar (RETAIL) price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Sugar (RETAIL) Price Trend:

Retail sugar is a versatile industrial sweetener derived primarily from sugarcane or sugar beet plants. This disaccharide compound serves multiple functions as a texturizing, flavor-enhancing, coloring, and fermenting agent, making it a fundamental component in a wide range of food and beverage products. Its adaptability allows it to harmonize flavors and textures in various culinary creations.

Beyond its role in the culinary world, retail sugar plays a pivotal role in industrial product manufacturing. In the pharmaceutical sector, it finds application in syrups, tablets, and other medicinal products, contributing to the palatability of these items. Additionally, sugar acts as an effective preservative, extending the shelf life of pickles, desserts, custards, cookies, and more, ensuring their longevity for consumers to enjoy.

Key Players:

  • Raízen
  • Associated British Foods Plc
  • Wilmar International Ltd
  • Suedzucker AG
  • Godavari Biorefineries Ltd. (GBL)

News & Recent Development

  • Date: July 16, 2023– The Sugar prices witnessed a spike from Rs. 132 to Rs. 136 per kg at the Jodia Bazaar, in Karachi, due to a sudden increase in the exportations, which is predicted to touch Rs. 150 per kg this month.

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