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ISO forecasts global sugar deficit of nearly 5 million tonnes in 2019/2020

The International Sugar Organization on Monday forecast a global sugar deficit of 4,76 million tonnes in the 2019/2020 season, driven partly by lower production in India and Thailand. It is reported by Reuters. The inter-governmental body, in its first full outlook for the 2019/2020 season which begins on Oct. 1, saw global production falling by 2,35% — to 171,98 million t...


New sugar production season started in Ukraine

According to «Ukrsugar» — the National Association of Sugar Producers of Ukraine, «Radekhiv Sugar» LLC became the first to begin sugar beet processing season 2019 on the 1-st of September.  Vasyl Kosar, gronomist-soil scientist of «Zakhidnyi Bug» PE, said, in the fields of the company, which is the raw material zone of Radekhiv Sugar Refinery, sugar beet harvesting began on A...


Fiji Sugar Corporation crushed more than 600,000 tonnes of cane

More than 600,000 tonnes of cane has been crushed so far from the three mills around the country. It is reported by FBC news. According to the Fiji Sugar Corporation, the Lautoka Mill has crushed 239,357 tonnes of cane, producing 22,058 tonnes of sugar. The FSC states that Lautoka has operat...


Gnidava Sugar Refinery carries out sugar beet crops audit

Gnidava Sugar Refinery audits sugar beet crops and forecasts the croppage and processing of 500 thousand tonnes of beets.  Deputy Chairman of the Board of Gnidava Sugar Refinery on the raw materials, Oleksandr Nikishyn, commentes, the press service of the company reports.  The company said that...


«Astarta» reduced its sugar segment revenues

For the six months of 2019, «Astarta» sugar revenues were down by 1/5 — to EUR55 million. It is reported by press center of the company. Sugar revenues were down by 1/5 — to EUR55 million as the Company reduced sugar output and sales (153k tonnes in the first half of 201...

 
Philippines increases need for sugar imports

In 2019/2020 MY, the Philippines sugar production will continue to decline and consumption will increase, so the need for sugar imports will increase. Local raw sugar production slightly declined last month to 2,07 million tonnes, but still within the target set by the Sugar Regulatory Administration. While local sugar supply has met industry tar...


In Volyn region two sugar refineries will be in operation during 2019 "beet" season

The sugar beet harvesting season will start in early September, and in Volyn region two sugar refineries will be in operation — Maryanivskyi and Gnidava Sugar Refineries. Ivanychy Sugar Refinery, which is the third refinery in the region, will not be engaged in processing of raw materials, it will receive beets for their further delivering to another enterprise. The director of the regional department of agro-industrial development Yuriy Gorbenko announced it during an operational meeting on August 7, VolynPost reported. «It is known that Maryanivsky...


«A'SPIK GROUP» exported 3,000 tonnes of granulated beet pulp

In 2018, «A'SPIK GROUP» exported 3,000 tonnes of granulated beet pulp. It is reported by the company on its Facebook page. The corporation informs that, although pulp is not the main product, it is a by-product of sugar production and one of the mo...

 
Brazilian mills slash sugar hedging to lowest level in eight years — Archer Consulting

Brazilian sugar producers have hedged only 58% of their expected exports in the current season, the lowest level in eight years, as low prices reduce the use of futures contracts by mills as a way to guarantee future revenue. It is reported by Nasdaq. According to a report released on Wednesday by Brazil-based Archer Consulting, Brazilian sugar companies have sold forward in New York's ICE the equivalent of around 1...

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