Sugar beet field

Global sugar prices fell to six-year lows in March as a supply glut and the strong depreciation of Brazil's real currency pressured prices in recent months. With the decline of the real valuelowering the lower floor for global sugar prices the benchmark contra...

India - Private forecaster expects normal monsoon

The monsoon season in India, which accounts for more than 70% of the annual rain, will be normal this year, potentially helping crops from rice to sugarcane and cotton, according to Bloomberg.Showers in the Jun...

Egypt - Tariff on white sugar imports introduced for 200 days

Egypt will impose a 20% tariff on white sugar for 200 days, following a filing to the World Trade Organisation last week in which it sought to safeguard domestic producers from a damaging surge in imports, the ...

Thailand - Cane crush approaches 104 mln t

Thailand’s 2014/15 sugarcane crush has reached 103.65 mln tonnes as of April 8, much more than initially expected and also up from 102.24 mln at this time last year when the full-season crop reached 103.67 mln ...

India - ISMA raises sugar production forecast to "over 27.0 mln t"

India produced 26.356 mln tonnes of sugar, white value, by April 15, up 3.206 mln from 23.150 mln at the same time last year, the Indian Sugar Mills Association (ISMA) said. This means the mills produced 1.636 ...

India - Government mulls import duty hike to 40%

India's government is considering a hike in the import duty on sugar from 25% to 40% to support domestic prices, Food Minister Ram Vilas Paswan said after a meeting with representatives of farmers' bodies from ...

European Union - Tereos expects sugar exports to double from 2017

EU white sugar exports are expected to rise and imports to the 28-nation bloc will likely fall after production quotas are dismantled in 2017, said Alex Luneau, a member of Tereos's executive committee. Luneau ...

The Philippines produced 59,985 tonnes of raw sugar in the week ended March 29, down from 85,002 a week earlier and compared with 74,126 in the same w...

Russia - Sowing progress ahead of last year as of April 7

Farmers in Russia had sown 214,000 ha to sugar beet as of April 14, or 21.6% of the plan, the Russian Sugar Producers Union (Soyuzrossakhar) reported....

European Union - Preferential EPA/EBA sugar imports - April 11, 2015

The European Union awarded 66,514 tonnes of import licences to countries pursuant the EPA/EBA agreements in the week to April 11, roughly in line with...

Brazil - Cosan seeks investment opportunities

Cosan Ltd, the holding company that controls Brazil's No. 1 sugar and ethanol producer, is looking for opportunities to invest in the country's energy...

South Africa - Illovo warns of lower profit

Illovo Sugar, Africa's biggest producer of the sweetener, said its full-year profits would fall due to depressed global prices and drought that has ra...

Netherlands - Sowing resumes and reaches 63%

Beet sowing has resumed in the Netherlands after previous rain interruptions, Suiker Unie reported. Dutch farmers had sown 63.1% of this year's expect...

Russia - RusAgro net profit rises sharply in 2014

RusAgro's net profit increased by 6.3 times in calendar 2014 to RUB20.177 bln ($523 mln) from RUB3.202 bln in 2013 with sales amounting to RUB59.112 b...

 

Mexico - Coca-Cola bottler Arca looks at sugar mills tender

Mexican Coca-Cola bottler Arca Continental SAB is considering taking part in the government's auction of 9 state-held sugar mills, the company's chief executive...

India - Food minister considers building sugar stockpile to cut market surplus

India will examine the feasibility of building government stocks of sugar to cut a surplus of sweetener in the market, Food Minister Ram Vilas Paswan said, a mo...

Brazil - Less mills crush more cane in early 2015/16 crush

Sugar mills in Brazil's key Centre/South (CS) sugarcane region crushed 5.417 mln tonnes of "new crop" 2015/16 cane as of April 1, up from 3.757 mln crushed by t...

Pakistan - ECC approves extension of sugar export deadline by two months

The Economic Coordination Committee (ECC) on April 9 approved an extension of the deadline for the export of 650,000 tonnes of sugar to July 15, according to lo...

India - ISMA raises sugar production forecast to "over 27.0 mln t"

India produced 26.356 mln tonnes of sugar, white value, by April 15, up 3.206 mln from 23.150 mln at the same time last year, the Indian Sugar Mills Association...

Ukraine - Sowing progress - April 14, 2015

Farmers in Ukraine had sown 113,000 ha to sugar beet as of April 14, or 41% of the area targeted for sowing this season, the Ministry of Agrarian Policy and Foo...

Canada - Quebec losing hold over maple syrup industry to US competition

The Federation of Quebec Maple Syrup Producers, which represents most of the province's maple syrup harvesters, is increasingly feeling the pressure from growin...