World news

France's farm ministry on Tuesday raised its forecast for sugar beet production for the second month in a row. It is reported by Nasdaq. For sugar beet, for which the harvest is also in full swing, the ministry pegged output at 31.29 million tons, up from 31.21 million estimated last month. That was now jus...

Louisiana, the state that produced the largest amount of sugar in the United States last season, kicked off the harvest of the new crop expecting losses as drier-than-normal weather in the second half of this year hurt sugarcane development. It is reported by Nasdaq. The Alma Mill in Lakeland, southeastern Louisiana, started operations Wednesday, and other mills in the state are expected to follow through next week, said Kenneth G...

Egypt intends to import 200,000 tonnes of raw sugar. It is reported by Nasdaq. Egypt’s supply ministry said on Wednesday it will import 200,000 tonnes of raw sugar set to arrive in the “coming period.”

China will continue to hold further auctions of its sugar reserves in the near future to ensure the stability of domestic price and supply, the state's reserve management centre said in a notice on Tuesday. It is reported by Nasdaq. China will hold an auction of its first sale of state sugar reserves since 2016 on Sept. 17 amid tightening supply and rocketing prices of the sweetener.

Brazil's center-south sugar production rose 8.54% in the first half of September when compared with a year earlier, totaling 3.12 million tonnes, data from industry group UNICA showed on Tuesday. It is reported by Nasdaq. UNICA said in a report that 41.76 million tonnes of sugarcane were crushed in the period, up 5.35% from a year ago. In recent fortnights, output from Brazil's main...

Sugar mills in Punjab will start crushing season for the year 2023-24 from October 28, ARY News reported. Sources close to the Punjab cane commissioner said the caretaker government has directed the sugar mills to start crushing the sugarcane from October 28 as delay will ultimately increase the price of...

Sugar output in Maharashtra, India's top producing state, is likely to fall 14% in the 2023/24 crop year to its lowest in four years due to lower cane yields following the driest August in more than a century, industry and government officials told Reuters on Wednesday. It is reported by Reuters. The reduced output could add to food inflation and discourage New Delhi from allowing sugar exports, supporting global prices which are already near their highest in more...

The new Thai sugar season that starts in October is looking weak due to insufficient rains this year as the El Nino phenomenon brought a drier-than-normal weather pattern to the Asian country, a report from broker Czarnikow said on Monday. It is reported by Nasdaq. After touring the main sugar producing areas in the country, it projected Thailand's sugarcane crop in 2023/24 (Oct-Sept) at only 66.5 million tonnes, compared to arou...

Sugar prices in India have jumped by more than 3% in a fortnight to their highest level in six years, traders and industry officials said, as limited rainfall in the country's key growing regions raised production concerns for the upcoming season. It is reported by Reuters. This could add to food inflation and discourage New Delhi from allowing sugar exports, supporting global prices , which are near their highest in more than a decade. &...

Germany’s second largest sugar producer Nordzucker said on Tuesday it plans to start this year’s sugar refining season of new crop beets at its first plant in Germany on Friday, Sept. 8. It is reported by Reuters. The other Nordzucker factories in Germany, Denmark, Sweden, Finland, Lithuania, Poland and Slovakia are to start processing beet during September or early October. Unl...