MECAS(05)18 – Sugar Freight Rates: Trends and Prospects
Over the past three years, the world sugar economy has witnessed an unprecedented rise in freight volatility and freight rates. Currently freight cost can account for up to 40% of the landed cost of imported sugar.
In a new ISO study the recent dynamics of freight rates in the context of world sugar market price developments are reviewed, in order to examine their implications for the global sugar market.
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