World news

In 2018 Angolan biofuel company Biocom plans to produce around 100,000 tonnes of sugar, 20 thousand cubic metres of ethanol and generate 146,000 megawatts of electricity by processing of 900,000 tonnes of sugarcane, said Deputy Director-General Luís Bagorro Júnior. It is reported by Macauhub. This year, after the June-December harvest, the company processed 567,000 tonnes of sugarcane that produced 58,100 tonnes of sugar (against 51,500 tonnes in 2016), 12,00...

Chinese sugar refineries are planning to lobby Beijing to increase out-of-quota sugar imports next year, after the government took several steps to curb shipments this year. It is reported by Reuters. Major sugar refiners in the world's top buyer of the commodity proposed that the government should resume import permits for sugar at 1,9 million tonnes for 2018...

Iranian state purchasing agency the Government Trading Corporation of Iran (GTC) has issued a new international tender to buy 60,000 tonnes of raw cane sugar, European traders said on Wednesday. It is reported by Reuters. The tender closes on December 16. A previous tender for 60,000 tonnes of raw sugar from the GTC had closed on Tuesday, December 12. The GTC reserves the righ...

As of December 12, 2017, Russia completed sugar beet harvesting. It is reported by Sugar.ru. According to the Russian Ministry of Agriculture, sugar beet in the whole country is harvested from 1172,2 thousand hectares or 100% of the total harvested area (in 2016...

Indonesia will need 3,6 million tonnes of sugar for industrial use next year, compared with this year's 3,4 million tonnes, according to an estimation by the Ministry of Industry. It is reported by JakartaGlobe. Panggah Susanto, agro-industry director general at the ministry, said sugar demand will increase due to 8% growth expected in the country's food and beverag...

Sugar beet yield is hitting 100 t/ha along the north Norfolk coast (Great Britain), with crops bolstered by a good level of rain and sun throughout the summer and autumn. Farmers Weekly reports about it. Tom Dye, managing director at Albanwise Farming, has lifted about one-third of his 300 ha of sugar beet. ²It’s been a good year, perhaps not a record one...

Cane crushing at the National Cooperative Sugar Mills (NCSM) in Alanganallur here for 2017-18 season was inaugurated on Saturday. The Hindu reports. Owing to the drought witnessed across Tamil Nadu, including Madurai, last year, the officials at the mill said that they were targeting to crush only 50,000 tonnes of sugarcane t...

Brazilian mills have hedged 6,24 million tonnes of sugar through New York futures by November 30, or around 23% of expected exports in the 2018/19 season. Sao Paulo-based Archer Consulting said on Monday, Reuters reports. That hedging volume is the smallest since the 2013/14 season, Archer said, as mills refrain from fixing prices at the exchange wai...

Mackay Sugar's crushing will end Thursday night after wet weather forced a premature end to the season. It is reported by Daily Mercury. Marian Mill is the last of Mackay Sugar's three mills still crushing but it is no longer able to process the 12,000 tonnes a day required to remain viable. &...

Bayer and Monsanto announces that the Committee on Foreign Investment in the United States («CFIUS») has completed its review of the proposed merger, and has concluded that there are no unresolved national security concerns with respect to the transaction. The press-service of the company reports about it. The acquisition is subject to customary closing conditions, including receipt of required regulatory approvals. Bayer and Monsanto will continue t...