News

As the month of May nears its end, heralding summer in Egypt, Upper Egyptian sugarcane farmers are finishing their harvest. It is reported by The National. Upper Egypt’s governorates are home to 77% of the nation’s sugarcane fields, their hot climate making them a perfect planting ground for the crop. 15%...

Sugar beet sowing campaign has already been completed on the territory of all categories of farms in Vinnytsia region. It is reported by Department of International Cooperation and Regional Development of Vinnytsia Regional State Administration. An area of 49.0 thousand hectares was sown with sugar beets....

Suedzucker, Europe's largest sugar producer, gave an upbeat outlook for its new financial year with a stronger EU sugar market expected to improve its performance. It is reported by Reuters. Suedzucker gave a new forecast of group operating profit for its 2021/22 fiscal year starting on March 1 of between 300 million and 400 million euros ($365.58-$487.44 mil...

India on Thursday cut sugar export subsidies by 31.4% for the season that ends on Sept. 30, according to a government order issued by the Ministry Of Consumer Affairs, Food And Public Distribution. It is reported by Reuters. Late last year, India, the world’s biggest sugar producer behind Brazil, approved subsidies of 5,833 rupees ($79.87) per tonne to encourage cash-strapped mills to e...

Brazilian sugar and ethanol plants are likely to temporarily reduce sugar production volumes as a way to increase ethanol output to address increasing demand and high prices for the biofuel in the country, consultancy Datagro said on Wednesday. It is reported by Nasdaq. Analyst Plinio Nastari said during the Santander ISO Datagro New York Sugar and Ethanol Conference that financial returns on sales of anhydrous ethanol, the type that is b...

In 1Q21 ASTARTA’s consolidated revenues amounted to EUR83m of which EUR29m were generated by the Sugar segment. It is reported by press center of the company. 1Q21 sugar revenues were flat at EUR29m. In 1Q21 ASTARTA concentrated on sales in the domestic market due to a favourable local pricing environment. T...

As of May 13, agrarians of Kharkiv region finished sugar beet sowing campaign. It is stated by the director of Agricultural Department of Kharkiv Regional State Administration Sergiy Prokopchenko, «Objektyv» reports. 2021 sowing campaign i...

In Germany, the area under sugar beets increased by 3% compared to last year. It is reported by Nasdaq. Germany's sugar beet sown area for the 2021 harvest has been increased by 3.2% on the year to some 398,000 hectares, Germany’s national statistics office said on...

Cygnet's agronomic service completed sugar beet sowing. It is reported by press service of the company. Cool spring did not allow to take to the field early this year, so the sowing campaign started two weeks later than usual. Despite such con...

The resurgence of COVID-19 cases in India highlights the ongoing concerns about the logistical challenges dampening the demand for sugar of Indian origin. It is reported by S&P Global Platts. India is currently experiencing a second wave of COVID-19 infections, with 403,738 new cases and 4,092 deaths reported on May 9, according to data from...