Oh sugar.....Heads up home bakers!

MothFilledWallet

Amounts vary from one minute to the next but a lot of raw sugar went up in smoke last night:

http://uk.news.yahoo.com/fire-hits-300-000-tons-sugar-brazil-port-193254906.html#cJtx6Zc

Today I found NO ordinary white sugar for sale at my As*a online (They still have unrefined, sugar substitutes and icing sugar), Mr.T online still has 'normal' sugar on sale and I'll be poking around the local shops in a day or so anyway.

I don't agree with 'panic buying' but I've got a few cakes that still need to be baked for Xmas so I'll be after a couple of bags sharpish just to sure I'm not left short.
Wonder if we'll get an actual price increase or if it's all hype to get the share prices up :think:

Hope we don't just end up getting fleeced over it like with most things.

geordie_joe

MothFilledWallet wrote: »

Hope we don't just end up getting fleeced over it like with most things.

Silver spoon is grown in the UK so it should not be affected.

But it will be interesting to see!

http://www.silverspoon.co.uk/videos/grow-in-britain

meg72

MothFilledWallet wrote: »

Amounts vary from one minute to the next but a lot of raw sugar went up in smoke last night:

http://uk.news.yahoo.com/fire-hits-300-000-tons-sugar-brazil-port-193254906.html#cJtx6Zc

Today I found NO ordinary white sugar for sale at my As*a online (They still have unrefined, sugar substitutes and icing sugar), Mr.T online still has 'normal' sugar on sale and I'll be poking around the local shops in a day or so anyway.

I don't agree with 'panic buying' but I've got a few cakes that still need to be baked for Xmas so I'll be after a couple of bags sharpish just to sure I'm not left short.
Wonder if we'll get an actual price increase or if it's all hype to get the share prices up :think:

Hope we don't just end up getting fleeced over it like with most things.

As you say cant find find it online, but the fire last night shouldn't have had effect today surely, anyway my local 99p store has plenty.(for 89p) :rotfl:

geordie_joe

meg72 wrote: »

As you say cant find find it online, but the fire last night shouldn't have had effect today surely, anyway my local 99p store has plenty.(for 89p) :rotfl:

My local Morrisons had tons of Tate & Lyle this morning for 88p.

And My local Tesco has it online for 94p.

Edit: Just checked and they have 2kg bags of silver spoon for £1.79.

torbrex

According to the story on the BBC, the NY futures market for sugar jumped by 6% before falling back later in the day and international prices rose to their highest for a year.

Although they say that 180,000 tonnes were lost it is a drop in the ocean of sugar that goes through the port each year (12.8million tonnes) so I don't think it will have a long-term effect on supplies.

The_ICT_Engineer

No shortage of Sugarbeet in the fens.

Teahfc

The_ICT_Engineer wrote: »

No shortage of Sugarbeet in the fens.

Too early for final figures but many farms are reporting lighter than normal crops.
Need some good amounts of rain and no frost for several weeks to bulk it up.