Morocco
Capital handover from Wilmar to Sucden crystalises at sugar firm Cosumar

The Moroccan sugar company is consolidating its partnership with its new shareholder, Sucden, which handles exports to countries such as Israel. In contrast, Cosumar is cutting its ties with Singaporean trader Wilmar, due to the lack of a joint project. [...]
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Algeria, Morocco
Morocco and Algeria hooked on Brazil's raw sugar

To satisfy the region's persistent sweet tooth despite the current surge in sugar prices, sugar producers Cosumar, from Morocco, and Algeria's Cevital, have little choice but to keep buying their supplies from Brazil, for which they rely on increasingly dominant heavyweights such as Sao Paulo's Raizen and Copersucar.

LogoSubscribers only Commodity traders, Business 08.03.2022

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