World news

The year-on-year sugar production of India till December 15 at 8,21 mln tonnes is higher by 5.1% over previous year, said industry body Indian Sugar Mills Association (ISMA). It is reported by economictimes. The sugar till December 15 in 2022-23 sugar season is 8,21 mln tonnes, against 7,79 mln tonnes produced during the corresponding period of previous y...

Indonesia's energy ministry plans to start rolling out a 5% ethanol blend of fuel made using sugarcane in three years time, starting with a few provinces of the country, it said in a statement on Wednesday. It is reported by Reuters. Under a new roadmap, which was developed with the Bandung Institute of Technology, the introduction of bioethanol fuel could begin by mixing 5% sugar-based ethanol with P...

Most mills in Brazil's main centre-south sugarcane region are ending cane crushing for the season, leaving millions of tonnes of cane in the fields to be harvested next year, as rains make harvesting operations difficult and inefficient. It is reported by Nasdaq. Analysts and brokers believe the Brazilian sugar season has basically ended despite previous expectation that mills would go on for longer into December to try to crush av...

French sugar group Tereos reported strong first-half results on Tuesday, including a net profit and a sharp rise in earnings, as high sugar and ethanol prices helped offset an increase in production costs. It is reported by Reuters. Tereos, the world's second largest sugar maker by volume, posted a net profit of 133 million euros in the year to Sept. 30, compared with a year-earlier loss of 50 mi...

The government is considering allowing mills to ship out half-a-million of sugar instead of the one million tonnes demanded by the Pakistan Sugar Mill Association (PSMA), industry officials said. It is reported by thenews.com.pk. They said that the government was ready to give permission for exporting 500,000 tonnes of sugar to earn $250 million. At the same time, the government planne...

India's sugar output is likely to fall 7% this year as erratic weather conditions have cut cane yields, which could dampen exports from the world's biggest producer of the sweetener, farmers, millers and traders said. It is reported by Reuters. Lower sugar exports from India, also the world's second biggest exporter, could lift global prices , and allow rivals Brazil and Thailand to increase their shipments....

Sugar prices have recently witnessed a record rise in Egypt despite the country’s opening of the largest sugar production plant earlier this year. It is reported by al-monitor. The Egyptian market is currently witnessing an unprecedented rise in the price of white sugar, as the price of 1 ton of white sugar reached 16,750 Egyptian pounds ($68...

France's sugar beet output is expected to fall more than 7% this year after a severe drought this summer hit yields, and next season could see another drop in planted area if farmers switch to more profitable grain crops, beet growers said on Wednesday. It is reported by Reuters. In its first estimate for this season, growers group CGB put the crop at 32 million tonnes, in line with the French farm ministry's forecast of 31.94 million tonnes i...

Sugarcane crushing and sugar production in Brazil’s centre-south region more than doubled in the first half of November on a yearly basis, industry group Unica said on Thursday, as mills rush to catch-up with last season’s accumulated output levels. It is reported by hellenicshippingnews. Crushing totaled 26.34 million tonnes in the period, up 109.3% from a year ago, while sugar production jumped 162.2% to 1.67 million tonnes, Unica said...

According to the USDA forecast, in 2022/2023 Mexico sugar production is estimated 5% lower to 6,3 million tonnes. It is reported by USDA in its November report. Consumption and stocks are expected to be flat while exports are projected lower with the production decline. Exports are projected down due...