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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...

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&...

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,...

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...

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-...