News

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...

Although “sugar roots” in the fields of «A’SPIK Group» have been partially affected by May temperature changes and strong winds, there is no need for reseeding. It is reported by the company on its Facebook-page. The land monitoring results show that the "sweet" crop is in a satisfactory phytosanitary condition. However, this year...

Indian mills produced 26,5 million tonnes of sugar between October and May, down 19% from a year earlier, due to lower output in the drought-hit western state of Maharashtra, the Indian Sugar Mills Association (ISMA) said on Monday. It is reported by Reuters. The country is the world's biggest sugar producer and lower output could support global prices. Mills in Maharashtra produced 6 million tonnes of sugar from Oct. 1...

Suedzucker on Thursday confirmed a forecast made last month for a strong profit increase in its current financial year on hopes cost savings, strong EU demand and rising sugar prices will lift its core business despite the impact of coronavirus. It is reported by Reuters. Europe’s largest sugar refiner forecast in April that operating profit in its 2020/2021 financial year starting in March would rise to between 300 and 400 million e...

Dust storms that swept through Ternopil region on May 12 destroyed sugar beet crops. Losses account for approximately 10% of the sown area. It is reported by Volodymyr Ulichnyi, the farmer, kurkul.com informs. The weather consequences were reported by «Dzvin» farm in Ternopil region on its Facebook-page, too. ...

As of May 13, 209 thousand hectares of sugar beets were sown in Ukraine — 5% less than last year. In addition to the reduction of sown areas, the current season is characterized by unfavorable weather conditions, which, in turn, can significantly affect yields. «This year's sowing cam...

Beginning of spring works was accompanied by a small amounts of soil moisture. However, at the end of the sowing campaign, the weather changed dramatically. Despite such atypical weather conditions, Cygnet conducted sowing campaign in a technologically optimal time.  It is reported by press-service of the company. Sugar beet sowing was carried out in seven days and completed on April 3. The share of this crop in this year's structure of sown areas amounts t...

Khmelnytsky region completed sugar beet sowing campaign. It is reported by Agricultural Department of Khmelnytsk Regional State Administration. Farms of Khmelnytsk region complete spring crops sowing. Sugar beets were sown on the area of a...