World news

American sugar users have quickly increased the amount of beet sugar they have bought for delivery in the new season whose planting starts in April despite high prices, looking to guarantee supplies amid a global supply tightness. It is reported by Nasdaq. According to a report by food information supplier Sosland Publishing Co released on Wednesday, beet sugar sales advanced to between 75% and 80% of prospective 2023/24 U.S...

The country’s sugar industry is struggling to recover and plans to resuscitate the sector have yet to yield results. It is reported by sabcnews. In 2021, government announced a sugar Master plan. Annual sugar production in the last 20 years has declined nearly 25% from 2.75 million to 2.1 million tons per...

West Valley Sugar Company’s 2.8-billion-Kenyan-shilling ($21.27 million) sugar factory in Kericho County will start trial runs in August. The trial will continue for two months before the official commissioning in October, Business Daily reported, citing West Valley Sugar Company managing director Bernard Soi. The initial installed c...

Brazilian sugar group UNICA estimated on Friday that mills in the country’s centre-south region will crush around 5 million tonnes of sugarcane in the second half of March, nearly five times more than in the same period in 2022. It is reported by Business Recorder. UNICA’s projection confirms market speculation of an early start to the Brazilian sugar season after favourable weather in the between-crops’ period...

India's top sugar-producing state, Maharashtra, could churn out nearly 16% less sugar than the previously estimated as mills are closing early due to limited availability of sugar cane. It is reported by Reuters. Lower sugar output could prevent the world's second-biggest exporter from allowing additional exports, potentially supporting global prices SBc1, LSUc1 and allowing r...

Louisiana has reached a major milestone in raw sugar production. It is reported by knoe news 8. The state produced more than two million tonnes of raw sugar in 2022 for the first time, according to the American Sugar Cane League. Officials of the organizati...

Indian mills have produced 28.2 million tonnes of sugar since the current season began on Oct. 1, down 1% year on year, the Indian Sugar Mills Association said on Friday. It is reported by Nasdaq. Lower sugar output from India, the world's biggest producer of the sweetener, will leave hardly any surplus for additional exports during the current 20022-23 season....

Egypt's Ministry of Supply and Internal Trade has raised the procurement prices for local sugar beets for the current season by EGP 75 per ton to encourage farmers to cultivate more as the country seeks to double the production of the crop. It is reported by ahramonline. The announcement was made by Minister of Supply and Internal Trade Ali Moselhi during a meeting on Wednesday that included Hesham El-Hossary, head of the agricultural...

S&P Global Commodity Insights has cut its 2023/24 forecast for sugar output in the European Union plus United Kingdom by 570,000 tonnes to 16.8 million, citing the impact of a recent pesticide ban. It is reported by hellenicshippingnews. The outlook still represents growth of 1 million tonnes versus the 2022/23 sugar crop. The European Court of Justice earlier this year banned that gr...