News

Despite last year's "subsidence" of sugar production in Ukraine by 20%, «A'SPIK GROUP» refineries increased sugar output by 12 thousand tonnes or 20%. It is reported by the company on its Facebook-page. In particular, in 2019, Khmelnytsk region produced over 72,000 tonnes of sugar, of which 46 thousand tonnes were produced at Staro...

Egypt’s Canal Sugar will produce 400,000 tonnes a year of white sugar when it starts production in the 2021 season, the chief executive said on Monday. It is reported by Reuters. Construction of the company’s sugar beet factory will be completed this year and the project will reach full capacity of 900,000 tonnes of white sugar a year in 202...

Chinese commodities trader COFCO said on Monday it did not predict a recovery in Thailand’s sugar crop any time soon. It is reported by Reuters. COFCO’s Managing Director Softs Marcelo de Andrade made his comments during a panel discussion at an industry conference in Dubai. Thailand’s sugar product...

In 2019/2020, sugar refineries of «RusAgro» operated for up to 156 days and produced 882,6 thousand tonnes of sugar. Output has increased by 17% in comparison to the previous season. It is reported by press-service of the company. Sugar production season started on August 25, 2019 and ended on February 3, 2020. During the season «RusAgro» processed 6,1 mil...

Indian mills produced 14,1 million tonnes of sugar between Oct. 1 and Jan. 31, down nearly 24% from a year earlier, as some mills were forced to stop cane crushing early due to limited supplies, the Indian Sugar Mills Association (ISMA) said. It is reported by Reuters. The country is the world’s biggest sugar producer and lower output could support global prices,. By the end of January, 446 sugar mills were crushing sugar cane,...

Sugar sales of «Astarta», the biggest sugar producer in Ukraine, in October-December 2019 increased by 16%, compared to the same period of 2018, — up to 60,87 thousand tonnes, the company reported on the Warsaw Stock Exchange. It is reported by «Interfax». After three years of profitable work, in 2018, «Astarta» received a net loss of EUR21,11 million. Last year its revenues declined by 18,8% &mda...

India’s sugar production could fall nearly 18% in 2019/2020 as a drought followed by floods is expected to curtail output in the country’s second-biggest producing state, the All India Sugar Trade Association (AISTA) said on Friday. It is reported by Reuters. The lower output could help India reduce stockpiles swelled by two years of record production and lower-than-expected exports. India is the world’s largest producer...

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...

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 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...