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Sugaronline East & Southern Africa Market Report, Sugaronline Regional Reports

Sugaronline East & Southern Africa Report – 4th June, 2021

By Nick Kwolek

4th June 2021

Ethiopia’s tender has finally been awarded while Kenya’s strong crop is set to wreak havoc on prices.

Ethiopia After two months of deadlock, cloak and dagger cancelations, and price wrangling, the Ethiopian tender of 200,000 metric tonnes of sugar above 150 ICUMSA has finally been awarded. The winners by a huge margin of US$20 per tonne were Agrocorp who we hear are to be backed by Renuka sugars. However, the final price

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