News

Dry spring weather and early pest attacks have hurt sugar beet crops in the European Union (EU) where farmers discouraged by low returns had already reduced sowings, but good summer weather could limit losses, growers said. It is reported by Successful Farming. It was too early to give precise estimates as sugar beets were only entering the key development stage but it was unlikely this year's yields would be abov...

United States sugar imports are projected at 3,09 million short tonnes in the 2020-21 season (October-September), 10,4% less than seen a month earlier, according to data from the U.S. Department of Agriculture (USDA) on Thursday. It is reported by Reuters. In its monthly supply and demand report, the USDA kept U.S. sugar production estimate for the new crop unchanged at 9 million short tonnes — which is 12% more than...

Wet conditions have further delayed the start of the sugar crush on the Burdekin (Queensland, Australia). It is reported by Queensland Country Life. Wilmar's Inkerman Mill was set to fire up on Monday, June 8, after first being delayed from the planned start of Tuesday, June 2. But ongoing...

India's opening sugar stocks for the upcoming marketing year starting Oct. 1 is forecast to drop 21% due to a decline in production over the 2019-2020 season amid low rainfall. It is reported by S&P Global Platts. According to the Indian Sugar Mills Association June 2, opening sugar stocks for the season starting Oct. 1 is forecast to fall to 11,5 million mt, reflecti...

Mills in India, the world’s biggest sugar producer, are likely to churn out around 27 million tonnes of sugar in the current season that began on Oct. 1, 2019, up from the previous forecast of 26,5 million tonnes, the Indian Sugar Mills Association (ISMA) said in a statement. It is reported by Reuters. India’s sugar output is expected to rise nearly 1,89% this year from a previous forecast as the country-wide lockdown to stem the spread of the new coronavirus has...

«Gnidava Sugar Refinery» LLC is preparing for the 2020 season. It is announced by the Raw Materials Deputy Director Oleksandr Nikishyn, press service of the company reports.  One of the leading enterprises in Volyn region prepares quite ser...

According to the analytical department of «Ukrsugar» Association, in 2020/2021 MY, sugar production is expected at 1,2-1,3 million tonnes, which is 15% less than the previous year. The number of processing refineries will remain unchanged — 33 sugar factories are expected to operate in the season. «Given the reduction of sown areas and weather conditions that can significantly affect yields, as it is already known that dust storms have damaged some crops in Ternopil, Kharkiv and Kirovohra...

To meet new sugar-refining season as a modern European enterprise with innovative technologies, Shepetivka sugar refinery works hard to upgrade production facilities.  It is reported by the company on its Facebook-page. This year, the refinery will receive the dry beet transportation line and the first automated raw material laboratory in Ukraine, where...

In 1Q 2020, «Astarta»'s sugar revenues grew to EUR 29m (up by 46% y-o-y) on higher sugar sale volumes and improvement of realized prices to EUR352 per tonn compared to EUR 316 per tonn a year ago.  It is reported by press-center of the company. Segment EBITDA improved to EUR3.4m in 1Q20 versus EUR2.0m in 1Q19. «Astarta»’s consolidated revenues&nbs...

In April, Ukrainian producers exported 9,1 thousand tonnes of sugar — almost twice less than the previous month — 19,6 thousand tonnes. «At the end of March, we saw some recovery on the London Stock Exchange. As a result, the demand for Ukrainian sugar grew slightly and producers were able to supply almost 20,000 tonnes of...