Despite domestic spot prices reportedly recovering in recent weeks, the EU sugar price for white sugar [ex-mill basis] significantly dropped in October 2018, averaging 320 EUR/t (as against 347 EUR/t a month ago) : its lowest level since 2006 !
From a regional point of view, domestic prices in North-Western Europe [Region 2] averaged 307 EUR/t while Southern and South-eastern Europe [Region 3] reported an average price of 380 EUR/t.
For all details, estimates and analysis about EU's domestic prices, please refer to our EU sugar update report [subscribers only]
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Price = 2,000 SGD/year