World news


In Kenya, new sugar refinery starts operations

The Sh5 billion (USD49,5 million) Busia Sugar Factory has finally started operations after a decade of court battles that threatened to cripple its activities. It is reported by The Star. Operations manager Hussein Kaka on Sunday said they started operations on February 28 and that their products were already in the market. The sugar factory has survived...


Brazil to let sugar mills sell ethanol directly to gas stations

The Brazilian government on Tuesday paved the way for ethanol makers to sell the fuel directly to gas stations, by passing a resolution to boost fuel industry competition, although additional legislation is required to bypass fuel distributors. It is reported by Reuters. The resolution by CNPE, the energy policy council, includes the option for direct sales by mills. Brazil’s Economy Ministry would have to issue tax-related regulati...


Mauritius 2019 sugar output seen rising slightly

Mauritius sugar production is expected to rise 0,4% this year to 325,000 tonnes on the back of good weather, the Indian Ocean island’s Chamber of Agriculture said on Friday. It is reported by Reuters. Sugar, once a pillar of Mauritius’ economy, now contributes about 0,4% of Mauritius’ $14 billion gross domestic product. «Overall climatic conditions...


British sugar trader joins ethanol trading venture in Brazil

British sugar trader Czarnikow has entered as a partner in a new ethanol trading company in Brazil, in a joint venture with a group of local investors who control sugar and ethanol plants, according to documents released on Friday by the Brazilian government. It is reported by Reuters. CADE, the Brazilian anti-trust watchdog, said it has approved the creation of the ethanol trading venture after a request by Czarnikow and its partners Vale do Tijuco A&c...


American Crystal adds 10,000 beet acres

In the face of the slow start to the growing season, American Crystal Sugar Co. is adding 10,000 acres of sugar beets in 2019 to maximize the company's processing capacity. It is reported by AGWEEK. Brian Ingulsrud, vice president of agriculture for the farmer-owned co-op based in Moorhead, on May 22 said the increase temporarily equals 2,5 percent of total planted ac...


Global sugar deficit of 2,5 million tonnes seen in 2019/2020 — Sucden

Indian and Thai sugar production are expected to fall in the 2019/2020 season, contributing to a global supply deficit, but large stockpiles in both countries are likely to continue to hang over the market, said Jeremy Austin, general director of Sucden Brazil. It is reported by Reuters. A global sugar deficit of 2,5 million tonnes is seen developing in 2019/2020 after a small surplus in the previous year, Austin said. Indian sugar production in 2019/2020...


Global sugar deficit likely to be 2,34 million tonnes — Datagro

A global sugar deficit of 2,34 million tonnes is seen developing in the 2019/2020 season, compared to a 0,48 million-tonne surplus in 2018/2019 as output from major Asian players is set to fall, said Plinio Nastari, president of consultancy Datagro. It is reported by BusinessLine. Production in second-largest producer India is forecast to fall to 29,1 million tonnes from 33,2 million tonnes in the previous season, Nastari said. Thai output is...


Global sugar market to shift to 7 million-tonn deficit — Alvean

Sugar king Brazil is shunning the sweetener as booming demand for ethanol siphons off more of its cane crop. It is reported by Bloomberg. That’s the assessment of Alvean, the world’s largest sugar trader and a joint venture between U.S. agribusiness giant Cargill Inc. and Brazil...


Global sugar deficit of 6,7 million tonnes seen in 2019/2020 — Louis Dreyfus

A global sugar deficit of 6,7 million tonnes is seen developing in 2019/2020, following a 401,000-tonne surplus in the previous season. Luca Meierhofer, head of global cash trading at Louis Dreyfus Company, said on Wednesday, Reuters reports. Production in historic top-producer Brazil is seen rising only slightly in the season to 2...


Brazil sugar forecast cut to 27,8 million tonnes — INTL FCStone

Brazil’s center-south will produce less sugar than initially expected in the new season that started in April, as higher gasoline prices boost demand for cheaper ethanol, leading mills to allocate less cane to sugar, broker INTL FCStone said on Tuesday. It is reported by Business Recorder.  FCStone cut its projection for sugar production in Brazil’s main producing belt to 27,8 million tonnes from 29,5 million tonnes expected in March....

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