World news

Maharashtra’s sugar production and export is larger than many sugar producing countries across the globe. Last year, India surpassed Brazil as the world’s largest sugar producer and second largest exporter country. It is reported by Hindustan Times. India eyes top spot in sugar production and export for the 2022-23 season on the global front and surpass last year’s record. Sugarcane crushing season star...

Sugar production in Brazil's Center-South is expected to total 1.95 million mt in the first half of October, reflecting a 69.1% increase on the year, a S&P Global Commodity Insights survey of 12 analysts showed Oct. 21. It is reported by S&P Global Platts. "The crushing pace in the previous crop year was already slowing down in this period," said Luciana Torrezan, head of sugar analytics with S&P...

France’s biggest sugar and ethanol group, Tereos, has raised the price at which it will buy sugar beets from its cooperative members by 40% from last year, in a bid to to pass on the improvement in its results in a context of soaring European sugar markets. t is reported by Reuters. In a letter sent Tuesday to its 12,000 cooperators, Tereos indicated that it would pay for the 2022 harvest 41.85 euros ($40.88), premium included, per tonne of sugar beet...

Heavy rainfall has spoiled Indian sugar mills' plans for an early start to cane crushing so raw sugar exports could get underway before supplies start coming on the market from rival exporter Thailand. It is reported by Mint. The delay in cane crushing in the world's biggest sugar producer and the second biggest exporter could push back shipments of raw sugar from India and may support global...

The US Department of Agriculture in its Oct. 12 World Agricultural Supply and Demand Estimates report forecast higher sugar supplies and ending stocks for 2022-23. Beginning stocks, domestic cane sugar production and tariff-rate quota imports for 2022-23 all were raised from September while deliveries were unchanged. The ending stocks-to-use ratios were raised for both last year and for 2022-23.

Sugar output in Brazil's main center-south cane belt fell sharply in the second half of September, data provided by industry group Unica showed on Tuesday, as heavy rainfall affected crushing. It is reported by Nasdaq. Production of the sweetener reached 1.7 million tonnes in late September, a 27.3% drop from a year earlier, missing market estimates as analysts polled by S&P Global C...

France cuts sugar beet crop forecast further after drought. It is reported by Nasdaq. France's farm ministry on Tuesday trimmed its forecast for the country's 2022 sugar beet production. Expected production of sugar beet was lowered to 32.92 mill...

The Minister of Supply and Internal Trade, Aly al-Moselhy, assured on Monday that Egypt has a reserve of sugar sufficient enough for almost six months. It is reported by Egypt Independent. He added that Egypt has a reserve of 5.6 months of sugar, and the new production of sugar from sugar cane will start in January and from beets in February,...

Sugar production in Uttar Pradesh is likely to drop due to heavy rainfall in the region resulting in a delay in the crushing season as well as damage to crops due to water logging in the fields, as per the industry officials and experts. It is reported by ChiniMandi. An industrial official said: «Sugar production in the state was projected to be 12.05 million tonnes (mt) in the current season including quantity to be div...

France has released strategic fuel reserves for sugar producers after they warned that a lack of diesel impacting the harvesting of sugar beet could lead to factory stoppages, producer group SNFS said on Monday. It is reported by Reuters. Strikes over wages at TotalEnergies and Exxon Mobil refineries have disrupted refining and delivery, leaving a third of French fuel stations running short. The French gov...