News

 
Indonesia sugar output missed target

Indonesia’s white sugar output in 2019 stood at 2,23 million tonnes, up 3% from 2018, Kasdi Subagyono, the director general of plantations at the agriculture ministry, told on Friday. It is reported by Reuters. Last year’s white sugar output of 2,23 million tonnes increased from 2,17 million tonnes in 2018, but missed a target of 2,45 million tonnes. In 2019, Indonesia...


«Astarta» secured 22% share of total sugar production

In 2019, «Astarta» preserved leadership position on the local sugar market. Sugar refineries of the Company secured 22% share of total sugar production in Ukraine. It is reported by press center of the company. In 2019, the refineries processed over 1,9 mln tonnes of sugar beet and produced 301,5 thousand tonnes of sugar. 95,5% of sugar produced was top-...

 
Thailand's sugar output to hit 9-year low

Thailand’s sugar production in 2019-20 is likely to fall 28% to 10,5 million tonnes from a year earlier, the lowest in nine years, as drought curtailed cane production, head of a leading trade body said on Friday. It is reported by Reuters. The lower production will limit exports from the world’s second biggest exporter and support prices trading near their highest level in 2-1/2 years. Thailand cou...


In Cygnet production the I category sugar share surpassed 80%

According to the results of 2019/2020 production season of Cygnet sugar refinery, more than 80% of the produced sugar became the first category sugar. It is reported by the company in its corporate journal. «Although this season was very short, we saw the results of the equipment modernization: gas consumption was reduced by 0,5 m3 per 1 t&...

 
India's sugar output down 26% — ISMA

Indian mills produced 10,9 million tonnes of sugar between Oct. 1 and Jan. 15, down 26% from a year earlier, due to lower production in the drought-hit western state of Maharashtra, the Indian Sugar Mills Association (ISMA) said on Friday. It is reported by Reuters. The country is the world’s biggest sugar producer and lower output could support global prices. Mills in Maharashtra have produced 2,55 million tonnes of sugar,...


Viktor Ivanchyk increased its stake in «Astarta» by 10,000 shares

On January 10, 2020, Albacon Ventures Limited, which is owned by «Astarta-Kyiv» CEO Viktor Ivanchyk, acquired 10,000 shares of the company. It is reported on the website of the Warsaw Stock Exchange. As a result of the acquisition, the totak equity stake of Albacon Ventures Limited in Astarta Holding N.V. increased to 9,6 million...

 
EU 2019/2020 sugar production will be down 443,000 tonnes — S&P Global Platts

S&P Global Platts Analytics forecasts total 2019-20 EU sugar production will be down 443,000 mt on the year at 17.488 million mt as a result of dry conditions early in the season and heavy rainfall late in the season, meaning beet yields did not offset a reduced planted area in the main producing countries of France and Germany. It is reported by press-service of S&P Global Platts. British Sugar owner AB Sugar said Thursday higher beet yields would offset a drop in planted area in the UK and take 2019-20 (October-...


Ukrainian sugar export more than half decreased

In 2019, Ukrainian producers exported 236,8 thousand tonnes of sugar — more than twice less than the previous year — 584,9 thousand tonnes. «This year was not very favorable for Ukrainian sugar producers and in comparison with the past, we can see that exports were completely dropped as previously, monthly export volumes reache...


«Astarta» increased exrta white sugar production by 37%

In 2019, «Astarta-Kyiv» sugar refineries produced 75,6 thousand tonnes of extra white sugar — 37% more than in 2018 (55 thousand tonnes). It is reported by the company on its Facebook-page. The sugar beet losses in the pile field decreased by 31% (a fact of 0,41%). The share of premium quality sugar amounted to 95,5%. Gas conswumptio...

 
USDA lowers 2019/20 sugar stocks/use ratio by 6%

The U.S. Department of Agriculture on Friday set closely-watched sugar stocks-to-use ratio for 2019-20 at 12,7%, down from 13,5% in the previous month's report. It is reported by Successful Farming. At the same time, the USDA left the 2018-19 sugar stocks-to-use ratio unchanged at 14,5%. In its monthly report, the agency forecast U.S. production in 2019...

Search