World news

If domestic sugar production touches 33.6 million tonnes, then India may have the leeway to export an extra 1 million tonnes of it this year, official sources said.  It is reported by bizzbuzz.news. According to official sources, sugar stocks in the country are at comfortable levels, even if the production fails to touch 33.6 million tonnes during the curr...

India could export up to one million tonnes more of sugar in the 2022/23 season if production is at the upper end of current estimates, an official from one of the country's largest sugar and ethanol manufacturers said on Wednesday. It is reported by Reuters. Avantika Saraogi of Kolkata-based Balrampur Chini Mills (BACH.NS) said on the sidelines of the Dubai Sugar Conference that current estimates for India's sugar product...

Brazilian energy producer Raizen SA expects 48% of the cane crop in the Centre-South region to be used to produce sugar in the upcoming 2023/24 season, commercial director Bruno Trombelli told the Dubai Sugar Conference on Tuesday. It is reported by Nasdaq. The forecast was slightly above a median forecast of 46% in a Reuters poll issued earlier this month. Cane can be used either to produce sugar or biofuel etha...

The French sugar beet crop area is set to fall to a 14-year low this year despite high prices, with farmers deterred by potential crop damage because of pesticide restrictions, the head of beet growers group CGB said on Tuesday. It is reported by Reuters. Based on seed purchases, farmers are expected to sow 6-7% less in 2023 than the previous year, CGB Director General Nicolas Rialland told Reuters at the Paris farm show....

Brazil’s center-south crushed 73,000 tonnes of sugarcane in the first half of February, industry group Unica said on Monday, up from the same period last year when processing had been finished by this time due to poor climate conditions. It is reported by Business Recorder. Sugar output reached 2,000 tonnes, while total ethanol output rose 30.86% year-on-year to 207.26 million liters, as the current cycle nears its end and Brazil e...

The International Sugar Organization (ISO) on Friday trimmed its forecast for the size of a global sugar surplus in the 2022/23 season driven mainly by lower-than-expected production. It is reported by Business Recorder. The inter-governmental body’s quarterly report projected a global surplus of 4.2 million tonnes in 2022/23 (October/September), down from a previous forec...

In India, sugar diversion to ethanol production is up 38% on this season through February 15 at 2.5 million tonnes, data from the Indian Sugar Mills Association shows. It is reported by biofuelsdigest. Sugar diversion was just 1.87 million tonnes during the same period last season. Mills expect to divert 1 million more tonnes of sugar by the end of the seaso...

Indian mills have produced 25.4 million tonnes of sugar since the current season began on Oct. 1, up 5.39% year on year, the Indian Sugar Mills Association said on Monday. It is reported by sg.news.yahoo.com. After the diversion of sugar for ethanol, mills produced 22.8 million tonnes of the sweetener between Oct. 1 and Feb. 15 compared with 22.2 million tonnes...

Egypt's strategic reserves of sugar are sufficient to meet supply for more than three months, the supply ministry said in a statement on Monday. It is reported by Market Screener. The country's local production can provide 90% of consumption needs, it added.

India is set to produce lesser sugar than previously estimated by industry bodies and government agencies, with the cane crop maturing early and losing weight due to weather conditions in key growing regions, farmers and traders told Reuters. It is reported by Reuters. Lower sugar output could prevent the world's second-biggest exporter from allowing additional exports, potentially supporting global prices, and helping rivals Brazil...