World news

In 2021/2022, Thailand sugar production is forecast to rebound nearly one-third to 10.0 million tonnes on greater area harvested, higher sugarcane yields, and favorable weather. It is reported by USDA in November report.   The Thai Meteorological Department reported that the average precipitation was 5-7 percent above average during the sugarcane tillerin...

In 2021/2022, China sugar production is forecast down 300,000 tonnes — to 10.3 million tonnes on lower sugarbeet production due to reduced area. It is reported by USDA in November report. Consumption is forecast up 2 percent as economic development fuels changing consumption patterns such as eating out more. Imports are down as st...

In 2021/2022, India production is estimated up 3% — to 34,7 million tonnes on higher area. It is reported by USDA in November report. Consumption is forecast at a record 28,5 million tonnes and exports are estimated at a near record 7 million tonnes due to higherthan-average wo...

In 2021/2022, Brazil production is estimated to fall 6,1 million tonnes — to 36,0 million tonnes in part as a result of dry conditions and frosts. It is reported by USDA in November report. Due to Brazil’s importance as a producer and exporter, this reduction is expected to have a major influence on world sugar supply and pric...

In 2021/2022, European Union production is estimated up 1,2 million tonnes — to 16,6 million tonnes. It is reported by USDA in November report. Sugar output is forecasted to increase as sugarbeets ─mainly in France, Germany, and Poland ─ suffered less from beet yellows virus disease than they...

Sugar production in the key Center-South Brazil region is expected to total 457,600 mt in the first half of November, down 63.2% on the year, a survey of 10 analysts by S&P Global Platts showed Nov. 22. It is reported by S&P Global Platts. According to the analysts surveyed, the cane crush is estimated to range from 5.2 million mt to 13.6 million mt. The average estimate was for a total cane c...

The International Sugar Organization (ISO) forecast a global sugar deficit of 2,55 million tonnes in the 2021/22 season, with a diminished outlook for consumption reducing the size of an anticipated shortfall. It is reported by Reuters. The inter-governmental body had previously forecast a global sugar deficit of 3.85 million in 2021/22. The ISO, in a quarterly market outlook, put global consumption i...

Algeria will impose a 9% value-added tax on white and raw sugar from early next year to reduce imports and address health issues, Prime Minister Ayman Benabderrahmane said on Saturday. It is reported by Reuters. OPEC member Algeria has been trying to cut spending on imports of food and other goods in a bid to narrow budget and trade deficits. «Algeria imports around 2 mi...