World news

The Federal Government has disclosed that for Nigeria to meet its sugar sufficiency and stop the importation of 1.7 million tonnes of raw sugar annually, Nigeria will need to develop about 250,000 hectares of lands It is reported by New Telegraphng. Already, the country has an annual demand of 1.75 mln tonnes of sugar for industrial and domestic use. Government also added that for the country to achie...

Maharashtra is looking at record sugar production in the 2021-22 season, leaving its closest competitor Uttar Pradesh far behind. As of Monday, 197 mills in Maharashtra have crushed 107,258 mln tonnes of cane to produce 11,116 mln tonnes of sugar. Uttar Pradesh has reported production of 7,8 mln tonnes of sugar so far this season It is reported by Financial Express. Maharashtra sugar commissioner Shekhar Gaikwad said total production in the state is likely to touch 12,5 mln tonne by the end of the season, the highest t...

A local firm is seeking the approval of the environmental watchdog to construct a new sugar factory in Siaya County. It is reported by Business Daily. Seal Sugar Mill says it is looking for a green light from the National Environment Management Authority (Nema) to build the factory in Alego Usonga sub county, whi...

In Barbados, the 2022 sugar cane season started on Monday, March 14. It is reported by nationnews. Minister of Agriculture Indar Weir announced at a press conference, which was held at Portvale Sugar Factory earlier today, that 100 000 tonnes of sugar cane woul...

India could export a record 7.5 million tonnes of sugar in the 2021/22 marketing year, nearly 25% more than the previous estimate, with output set to reach a record high thanks to beneficial weather, a leading trade body said on Friday. It is reported by Reuters. Higher exports from the world's second-biggest sugar producer could weigh on global prices. Mills have so far signed contracts to export 6 million tonnes of sugar...

The Cuban sugar industry is barreling again toward its worst season ever, according to official media reports and sources, threatening to dent both national pride and economic growth. It is reported by Reuters. The 2022 harvest is set to fall well short of last year's record low, according to official data and two local sugar experts. It is currently running at least 30% shy...

Sugar beet growers now have a choice of approved insecticides for controlling aphids carrying beet yellows virus  following the approval of InSyst. It is reported by Farmers Weekly. Following the loss of Biscaya (thiacloprid), growers were down to just one authorised foliar product – Tepekki (flonicamid) – with just one application...

French sugar and ethanol group Tereos on Wednesday reported a jump in third-quarter core earnings as high prices helped offset a poor harvest in Brazil. It is reported by Reuters. Tereos, the world's second largest sugar maker by volume, said adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for the quarter ending D...

The Philippines plans to import 200,000 tonnes of standard and bottler's grade refined sugar to address a supply shortfall caused by crop damage from a powerful typhoon that hit plantations in December, the industry regulator said on Tuesday. It is reported by bangkokpost. The Sugar Regulatory Administration (SRA), in a statement, said the Philippines was bracing for a "very tight" sugar stock balance, which will not cove...

In 2022/23 the global sugar consumption is expected to be 5.15 million tonnes larger than seen before the pandemic in 2018/19. It is reported by Reuters. The global sugar market is expected to have a second year of small supply surplus in 2022/23 (October-September) as high benchmark prices and good weather boost...