World news

Global sugar production is forecast up 1.7 million tonnes — to 182.9 million tonnes as higher production in Brazil, China, and Russia is expected to more than offset declines in India and Ukraine. It is reported by USDA in its May report. Consumption is anticipated to rise to a new record due to growth in markets including China, India, Indonesia, and Russia. Exports are projected down as...

Sugar production in India, the world’s largest producer and second-largest exporter, rose 15 per cent to a record 35.24 million tonne till May 30 in the ongoing 2021-22 marketing year on higher output in Maharashtra and Karnataka, according to the data released by cooperative body NFCSFL on Tuesday. It is reported by Financial Express. Sugar production stood at 30.63 million tonne in the year-ago period. The sugar marketing year runs from October to September. The sugar output achieved so f...

A presidential decree published in the Official Gazette has paved the way for the import of 400,000 tons of sugar at a time when sugar price in the domestic market is rising. It is reported by Daily News. The decree stipulates that no customs duties will be levied on the 400,000 tons of sugar to be imported and that import licenses, which will be granted under the new d...

India plans to restrict sugar exports for the first time in six years to prevent a surge in domestic prices, potentially capping this season's exports at 10 million tonnes. It is reported by Reuters. India is the world's biggest sugar producer and the second biggest exporter behind Brazil. Reuters in March reported that India was planning to curb sugar exports...

India has exported 7,5 mln tonnes of sugar till May 18 in the current marketing year ending September, the Food Ministry said on Thursday. It is reported by Financial Express. «Export of sugar in current sugar season 2021-22 is 15 times of export as compared to export in sugar season 2017-18», — the ministry sai...

Brazilian sugar cane mills are cancelling some sugar export contracts and diverting production to ethanol to cash in on high energy prices, according to people with direct knowledge of the deals, raising concerns of a sugar shortage. It is reported by Hellenic Shipping News. Nearly every company involved in sugar trading in Brazil has seen cancellations, a trader at a large international commodities merchant told Reuters on the...

Canal Sugar Company announced Tuesday the start of the official operations of the largest sugar production plant in the world, with investments amounting to about $400 million. It is reported by Egypt Today. The first and second lines of the factory have been started with a production capacity of 18,000 tons of sugar per day, in preparation for reaching the maximum produc...

Thai sugar cane output for the 2021-22 crop year is expected to rise to 92 million tonnes, up from 66.6 million tonnes in the previous crop year, as rain brought higher crop yields, says the Federation of Thai Industries (FTI). It is reported by Bangkok Post. The amount can be used to make up to 10-10.5 million tonnes of sugar. «One tonne of sugar cane can make around 110 kg of sugar. This also shows sugar cane i...

Global commodities trader Louis Dreyfus projected on Wednesday that Brazilian mills will divert a larger-than-expected amount of sugarcane to ethanol production due to high energy prices, causing a reduction in global sugar supplies. It is reported by Reuters. Dreyfus sugar director Enrico Biancheri said during the Citi ISO Datagro sugar conference in New York that Brazil's center-south (CS) mills would produce only 29 mill...

Brazil's center-south (CS) new sugar crop was revised downward on Wednesday as consultancy Datagro sees mills diverting more cane to ethanol production, but higher production in Asia will still drive an increase in the global supply of the sweetener. It is reported by Successful Farming. Datagro chief analyst Plinio Nastari said during the Citi ISO Datagro sugar conference in New York that Brazil's CS sugar production should fall to 32.1 mi...