World news

Mauritius reduced its forecast for sugar output this year for the third time as weather patterns aren’t favorable to sucrose formation. It is reported by Bloomberg.  The Indian Ocean island nation will probably produce 320,000 tonnes of sugar this year, the Mauritius Chamber of Agriculture said in an e-mailed statement. Its in...

Brazil, traditionally the world’s top sugar producer, is poised to cede the crown to India for the first time in 16 years. It is reported by Bloomberg. Production in the Asian country this season may rise 5,2 percent — to a record 35,9 million tonnes on increasing acreage and improving yields, the U.S. Depar...

Sugar production in Britain is expected to fall to 1,05 million tonnes this season, down from the prior season’s 1,37 million tonnes, Associated British Foods (ABF) said. It is reported by Reuters. British Sugar — the only British producer of sugar from domestic beet — said in its annual results statement that the decline was due to late drilli...

The U.S. government on Tuesday forecast world sugar production will fall about 9 million tonnes in 2018/2019 to 185,9 million tonnes, while global consumption swells to new records. It is reported by Reuters with reference to USDA report. In its biannual report the U.S. Department of Agriculture (USDA) said the decline in global production was primarily due to Brazil, where yi...

Indian sugar mills produced 1,2 million tonnes of the sweetener between Oct. 1 and Nov. 15, down from 1,4 million tonnes in the same period last year, the Indian Sugar Mills Association (ISMA), a producers’ body, said in a statement. It is reported by Reuters. Last month, the ISMA scaled down its output estimates for the 2018/19 season that began on Oct. 1 to 32 million tonnes, from its previous forecast of 35-35.5 million tonn...

Tongaat Hulett revealed that sugar production at its Zimbabwean unit increased by 9,2 per cent — to 306 000 tonnes in the six months period ended September 30, 2018, compared to 280 000 tonnes in the same period in 2017. It is reported by Pindula News. This has been driven by increased water availability and accelerated sugarcane root replanting. The company said in a statement As a result, the Zimbabwe sugar op...

Companhia de Bioenergia de Angola (Biocom) ended its 2018 campaign on Thursday with production of 73,000 tonnes of sugar, an increase of 21% year-on-year, the company’s sales director said. It is reported by Macauhub. Biocom expects turnover of the equivalent of US$200 million in kwanzas by the end of the year, said Fernando Koch. With four filling lines, two of which for 50 kg bag...

Germany’s second largest sugar refiner Nordzucker is in talks to buy Australian producer Mackay Sugar, a Nordzucker spokeswoman said on Thursday. It is reported by Reuters. Nordzucker said earlier this year that it was considering acquisitions in the changed trading environment after the European Union liberalized its sugar market. «...

The International Sugar Organization on Thursday sharply reduced its forecast for an expected global sugar surplus for the 2018/19 season, cutting production outlooks for Brazil, India, Pakistan and the European Union. It is reported by Reuters. The inter-governmental body, in a quarterly report, forecast there would be a global surplus of 2.17 million tonnes in 2018/19 (October/September), down from a previous p...

Mills in Uttar Pradesh produced 81 200 tonnes of sugar as of Monday during the ongoing season started Oct 1, much lower than 353 100 tonnes produced in the corresponding period last year. It is reported by Cognecis. The state's sugar output is sharply lower on year due to delayed start in cane crushing by mills this season. Last year, mills in the state had begun cr...