World news

India’s sugar production is estimated to decline 14 per cent to 28,2 million tonnes in the next marketing year starting October, mainly due to fall in sugarcane acreage due to less rains in states like Maharashtra and Karnataka, according to industry body ISMA. It is reported by Telangana Today. Sugar output is likely to be at 32,95 million tonnes in the current 2018/2019 marketing year (October-September), Indian Sugar Mills Association (ISMA) said in a...

Bunge Açúcar & Bioenergia, the Brazilian sugar unit of commodities trader Bunge Ltd, posted in May and June some of its best results yet for cane crushing volumes, the company said on Thursday. It is reported by Reuters. Bunge said its eight mills operating in Brazil crushed 2,65 million tonnes of cane in May, the largest amount of cane processing reported by the Brazilian sugar unit sinc...

India had its driest June in five years due to a delay in monsoon rains, the weather department said late on Sunday, raising fears for crops and the broader economy. It is reported by Reuters. Overall, rains were a third below average, although in some states, including the sugar cane growing northern state of Uttar Pradesh, they were as much as 61 percent down...

French sugar maker Saint Louis Sucre on Tuesday put forward its guaranteed price for sugar beet growers from the 2020 harvest and said it would invest 50 million euros ($57 million) over several years in two sugar factories. It is reported by Reuters. The announcements come after the sugar maker announced it would end production at two factories in France as part of a wider restructuring plan at its German parent Suedz...

The Guyana Sugar Corporation (GuySuCo) is aiming to produce over 50,000 tonnes of white sugar at the Albion Estate by 2022. It hopes to supply both the regional and local markets with this produce, GuySuCo announced, iNewsGuyana reported. The local market consumption for white sugar is approximately 20,000 tonnes a...

Sugar production in Uttar Pradesh (UP) has dipped marginally to 11,82 million tonnes in the 2018-19 crushing season. It is reported by Business Standard. In the just-concluded crushing cycle, sugar output in the state fell nearly 1,9 per cent compared to the production of a little over 12 million t...

Minister of Supply and Internal Trade Ali el-Moselhi said Wednesday that the strategic reserve of sugar is sufficient for eight months.  It is reported by Egypt Today. During his meeting with the Higher Committee of Sugar, He added that the average sugar consumption ranges between 230,000 to 240,000 tonnes per month.  Moselh...

The Central Romana Corp. mill on Mon. announced a production of 352,116 tonnes of sugar, after milling over 3 million tonnes of cane in a harvest of around 180 days. It is reported by Dominican Today. Central Romana, the largest producer in the country, also announced a production of more than 154,000 tonnes of refined sugarб with which it expects to meet...

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...

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...