When we published our third estimate of the world sugar balance 2014/15 on May 4 we cautioned in the concluding remarks that "the future course of the Brazilian real will also determine the lower floor for global sugar prices", adding that "it is still too ear...

El Salvador - Drought could reduce sugar output across Central America

Drought could cause losses of 10% in sugar output across Central America during 2015/16, or 500,000 tonnes, said Mario Salaverría, president of the Sugar Association of El Salvador (AESA). Producers estimate th...

Brazil - CTC sees stronger flowering in CS

Brazil's Centre/South cane fields are witnessing this year conditions that favour the occurrence of flowering, an unwelcome crop development that reduces the plant's weight and its sugar content, said a report ...

India - Prime Minister Modi to chair meeting on sugar crisis on August 1

Prime Minister Narendra Modi is expected to chair a high-level meeting on August 1 to discuss the ongoing crisis in the sugar sector, local press reports said. According to officials in the know, the meeting, w...

Thailand - Sugar output heads for all-time high after rain

Sugar production in Thailand could reach a new record in 2015/16 after recent rain offset the effects of a strengthening El Niño to boost crop growth, according to the Office of the Cane and Sugar Board (OCSB)....

India - ISMA says 2015/16 sugar output may fall only marginally to 28.0 mln tonnes

India's sugar output in 2015/16 (Oct/Sep) may reach about 28.0 mln tonnes, only marginally lower than the 28.3 mln projected for this season, the Indian Sugar Mills Association (ISMA) said. This means that prod...

Brazil - Rains slow cane crushing in H1 July

Sugar mills in Brazil's Centre/South sugarcane region crushed much less cane in the first half of July compared with a year earlier and the previous fortnight because of heavy rains, Unica's latest crop update ...

EU sugar producers exported 107,756.3 tonnes of quota sugar in the 2014/15 (Oct/Sep) season as of July 28, up from 102,101.2 tonnes as of June 23, the...

European Union - Preferential EPA/EBA sugar imports - July 24, 2015

The European Union awarded 33,387 tonnes of import licences to countries pursuant the EPA/EBA agreements in the week to July 24, up from 27,031 a week...

Belarus - Sugar production drops 12% in 2014

Belarus produced 743,900 tonnes of sugar in calendar 2014, down 12% from 853,100 a year ago, the National Statistics Committee said. It did not provid...

Russia - Rusagro sugar sales revenue surges in Q2 on high prices

Farming conglomerate Rusagro Group said its revenue rose by 16% to RUB18.78 bln ($1=RUB59.35) in the second quarter ended June 30 from RUB16.19 bln a ...

Thailand - TCSC to sell 170,000 t raw sugar on August 6

The state-run Thai Cane and Sugar Corp. (TCSC) said it will open a tender on August 6 to sell 170,000 tonnes of sugar for shipment between March and S...

Sri Lanka - Kantale sugar mill to be revived with foreign investors

Sri Lanka's Board of Investment (BoI) on July 27 inked an agreement with MG Sugars Lanka Private Limited to revive the defunct Kantale Sugar Factory, ...

Indonesia - Industry Ministry issues raw sugar import licences

The Ministry of Trade has allowed the importation of 600,000 tonnes of raw sugar to meet the need for refined sugar by the beverage and food industry ...

 

India - Parrys Sugar loss widens in Q1 2015/16

Parrys Sugar Industries Ltd. said its net loss for the quarter ended June 30, 2015 has widened to INR338.14 mln ($1=INR63.96) from a net loss of INR86.15 mln in...

India - Only 60 Maharashtra sugar mills apply for Central government soft loan

Nearly 60 sugar mills in Maharashtra have obtained a No Objection Certificate (NOC) from the Sugar Commissionerate to be eligible for the INR18.5 bln ($1=INR64....

Dominican Republic - Sugar production declines in 2014/15

Sugar producer CAEI concluded the 2014/15 harvest after crushing 988,475 tonnes of cane into 100,449 tonnes of sugar, according to its executive vice president,...

Iran - GTC buys 150,000 t of sugar from Brazil

Iran has bought 150,000 tonnes of raw sugar from Brazil for domestic consumption, said Ali Qanbari, Deputy Agriculture Minister who is also the head of Iran’s G...

Russia - Raw sugar refining down 4.6% as of July 20

Russia's sugar factories processed 564,800 tonnes of raw sugar into 553,500 tonnes of whites in the 2015 calendar as of July 20, the Ministry of Agriculture rep...

European Union - Crop monitor MARS cuts sugar beet yield outlook

The European Union's crop monitoring service MARS cut its forecast for the sugar beet yield in this year's EU harvest to 71.91 tonnes per ha, down from 73.52 se...

China - Sunwin Stevia raises manufacturing capacity

Sunwin Stevia International, Inc., one of the top global suppliers of high-quality stevia extracts including Rebaudioside A 98 and Rebaudioside A99, reported in...