Sugar

At Czarnikow we’ve been working in the sugar industry for the past 160 years, and traded 5.9 million metric tonnes in 2019. Sugar is present in most food and drinks we consume today and has been part of our diet since ancient times. It can be produced from either sugar cane or sugar beet and is bought and sold as either raw sugar or refined sugar.

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Sugar in numbers

We traded
4.6 million metric tonnes
of raw sugar in 2019

Brazil is the world’s leading
sugar producer
36.7 million metric tonnes
in 2020/21

We traded
1.3 million metric tonnes
of refined sugar in 2019

Sugar products
Raw sugar

Sugar that has been extracted from sugar cane or sugar beet at a sugar mill, but not gone through the refining process, is referred to as ‘raw sugar’. It is used mostly by industrial consumers, as at this stage it is not considered food grade.

Refined sugar

Refined sugar has gone through both the mill and refinery stages of sugar production and has had all impurities removed. This refined sugar is the kind you are most used to seeing on the supermarket shelf, in cafes and when baking at home.

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There is not a lot of deliverable refined sugar available for the coming March’21 futures expiry.We think at least one trade house is therefore squeezing shorts ahead of the expiry.This means [...]
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The Sugar Series: The History of Sugar
Present in 74% of foods sold in supermarkets, sugar is such a fundamental ingredient in almost everything we eat that it’s hard to imagine what people ate before the discovery of [...]
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Sugar Consumption Update: The First Fall in...
In March this year, which now seems a lifetime ago, we predicted that due to the coronavirus sugar consumption was likely to fall. We reduced our consumption estimate for 2020 by [...]
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