Growing Market Share

We grew LDC’s market share at origin and destination in both raw and white sugars, and delivered good results in ethanol and energy markets.

Capturing Opportunities

Although the Covid-19 pandemic severely impacted the global sugar market, we leveraged our trading expertise and large geographic footprint to capture multiple arbitrage opportunities and participate in the delivery market.

Embracing Data Science

As part of our data science journey, our research team used remote satellite imagery to estimate yields in all the main producing countries around the world, and started developing an algorithm for acreage estimates.

Enrico Biancheri
Head of Sugar

“The Platform is changing to accommodate the increasing need for data science to support core trading expertise. Both capabilities will be fundamental as we continue to expand our merchandizing business, at both origin and destination, and diversify our product portfolio.”

More Sugar Highlights

In 2020, LDC originated 11% of the world’s sugar export flows, with a significant footprint in Brazil, and shipped 14% of global import flows.

Our raw sugar market share at destination doubled year-on-year.

White sugar volumes shipped grew by 68% year-on-year – our best performance since 2015.

West Africa contributed most to growth in white sugar volumes shipped, with 67% of our white sugar volumes shipped to Africa in 2020.

Leveraging LDC’s commercial network, the Platform developed domestic distribution businesses in West Africa, East Africa and Russia, and expanded existing distribution activities in China.

LDC established foundations to begin trading ethanol in Brazil from 2021, by completing the construction of an ethanol micro-distillery.

Top 3

sugar merchandizer globally

↑35%

year-on-year volumes growth

89

countries supplied in 2020

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