Sugar (Retail) is one of the major commodities that is consumed regularly. It is an industrial sweetener that comprises twenty-two hydrogens, twelve carbon, and eleven oxygen atoms, aligned to form the Sugar molecule. The compound is soluble in nature and exists in crystalline form. It mainly consists of sucrose, fructose, and glucose, which individually act as reducing agents. It is a disaccharide that can be obtained from various sources, especially Sugarcane and Sugar beet plant.
It is a rich source of carbohydrates and energy, which is typically found in various industrial varieties. White and brown Sugar are the most common varieties in high demand globally. The Sugar obtained is commercially utilized in various commercial domains as a sweetener and fermenting agent, primarily in the food and beverages industries.
The key importing countries that import Sugar (retail) are the Netherlands, the United States, and Germany. On the other hand, the key exporting countries include 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:
Sugar (Retail) is an industrial sweetener that is mainly obtained from Sugarcane or Sugar beet plants. It is a disaccharide compound that is used as a texturing, flavouring, colouring, and fermenting agent that is primarily utilized in food and beverage varieties. The compound is an irreplaceable and versatile ingredient that is added to edible items to maintain a balance according to the different palates.
Sugar (Retail) is an ingredient that helps in balancing the acidity in the products manufactured industrially. The syrups, tablets, and other products that are produced in the pharmaceutical sector utilize Sugar as one of the key ingredients to make the product palate friendly. It acts as a preservative used in pickles, desserts, custards, and cookies, helping them sustain a longer shelf-life.
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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