World news

India has agreed to allow oil marketing companies to procure ethanol by diverting an extra 800,000 tonnes of sugar for biofuel production, a government source said on Wednesday. It is reported by Reuters. Concerns over sugar production due to below normal monsoon rains between June and September had led the world's second-largest sugar producer to cap the amount that c...

As the 2023-24 crushing season in Maharashtra nears the end, sugar mills in the State have crushed 106,686 million tonnes(mt) of sugarcane to produce 10,936 mt of sugar. Out of 207 sugar mills operational this season, 196 mills have stopped crushing.  It is reported by thehindubusinessline. Last year during the same period, 211 mills had crushed 105,391 mt of sugarcane to produce 10,523 mt of sugar. The extract percentage or sugar recovery...

Thailand's sugar cane output declined in the 2023-24 crop year, resulting from severe drought, which may affect sugar supply in the global market, says the Office of the Cane and Sugar Board (OCSB).  It is reported by Bangkok Post. The country is the world's second-largest sugar exporter after Brazil, meaning a drop in production could pressure the global market.  «Our su...

Indian mills produced 31.09 million tonnes of sugar between Oct. 1 and April 15, down 0.5% from the previous year due to lower output in the key producing southern state of Karnataka, a leading industry body said on Tuesday. It is reported by Reuters. Sugar mills are closing their operations at a higher pace than last year and so far, 448 mills have closed compared to 401 a year ago, the Indian Sugar & Bio-Energy M...

Suedzucker on Monday forecast lower full-year profits and flagged a significant decline in first quarter earnings citing higher sugar production costs as well as market volatility due to the Ukraine and Middle East wars. It is reported by Reuters. Europe's largest sugar producer expects earnings before interest, taxes, depreciation, and amortization (EBITDA) to decline to a range of 900 million-1 billion euros...

Rains in late March and early April in Brazil’s main sugar producing region will improve prospects for this year’s sugar season in the world’s largest producer and exporter of the sweetener, Asian commodities trader Wilmar said on Tuesday. It is reported by HSN. Brazil’s Centre-South region will likely have its second highest agricultural yield in the sugarcane fields for the past nine years, Wilmar said in a post on X....

UNICA, the Brazilian sugarcane industry association, has announced sugarcane processing during the first half of March was up significantly when compared to the same period of last year. Ethanol production and sales were also up during the two-week period. It is reported by ethanolproducer.com. Mills in the south-central region of Brazil processed 2.22 million metric tons of sugarcane during the first half of March, up from 605,290 metric tons p...

The Ministry of Agriculture’s management of Egypt’s sugar crops, including cane and beets, plays a significant role in securing the long-term availability of sugar. The recent sugar crisis, in which sugar prices rose at unprecedented rates, drew attention to the cultivation of these two crops. It is reported by ahramonline. A research paper on «Risks of Decline in Sugarcane Cultivation in Upper Egypt» by the Ra Centre for Strategic Studies, a think tank, warned against t...

American sugar producers are seeking to curb imports from Mexico after the US said it would examine whether some shipments from the Latin American nation breached trade deal rules. It is reported by Huron Daily Tribune. The American Sugar Coalition wants the government to lower the amount of sugar Mexico is allowed to send to the US by 44%, according to a March 12 letter sent...