News

World sugar prices are forecast to rise this year with the market swinging into deficit in the 2019/20 season, a Reuters survey of 10 analysts and traders showed on Monday. It is reported by Reuters. Raw sugar prices were expected to end the year at 14.60 cents per lb, up 15 percent from Friday’s close, according to the median forecast of responses. The world...

Brazilian sugar and ethanol company Sao Martinho SA cut its estimate for cane crush growth in the new season that starts in April to 5% from 10% expected in December due to below-average rains in the center-south region. It is reported by Reuters. Sao Martinho’s Chief Financial Officer Felipe Vicchiato said that it expects sugar prices to improve in coming months due to expected reductions in production...

According to the results of 2018, 64% of sugar produced at «Cygnet» sugar refinery was the I category product. It is reported by the company in its report. The quality of sugar was improved due to modernization of the equipment, in which 871 thousand dollars were invested. In addition, d...

For the first time in Ukraine «DEDDENS AGRO» LLC and «RITTER BIO AGRO» LLC received certified organic sugar from the grown organic sugar beet. It is reported by press service of Gnidava Sugar Refinery. Viktor Shcherbachuk, the General Director, says the team has been moving towards this goal since 2013, when organic company was found...

On January 31, 2019, «UPI-AGRO» sugar refineries completed sugar beet processing season, which lasted more than 150 days. For the first time in the whole history, two sugar refineries of the company processed 2,189 million tonnes of sugar beet and produced 291 thousand tonnes of sugar — 16% of total Ukrainian sugar production. It is reported by press service of the company. The improvement of production technology, in particular, the unprecedented project for the installation of ion exchange columns for beet juice d...

According to «Ukrsugar« Association, Ukraine filled the quota of duty free sugar exports to the EU during the first month of 2019. «On January 30, the quota of duty free sugar exports to the EU in the amount of 20 thousand tonnes was completely filled. It is evidence that this direction remains a priority for Ukrainian...

According to the results of 2018/2019 MY, Ukraine produced 1,82 million tonnes of sugar — 15% less than the previous year. «This season 42 sugar refineries processed 13,6 million tonnes of sugar beet — almost 10% less than last year. As a result of reduced harvested area and raw materials quantity, w...

Sugar-refining season 2018/2019 MY officially started on August 31, 2018. August 31 — «Agricultural Complex «Zelena Dolyna» LLC (Tomashpil Sugar Refinery) September 1 — «Podillia Foods Company» PJSC, Kryzhopil Su...

The world sugar market is on course for a shortfall of 1,36 million tonnes, analyst Green Pool said on Friday in its first forecast for the 2019/2020 season. It is reported by Reuters. It also trimmed its projection for the global surplus in 2018/2019 to 2,64 million tonnes from a previous forecast of 3,6 million tonnes. There was a surplus of 1...