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South Africa's sugar tax could slash industry revenues and prompt restructuring of the country's sugar sector, the U.S. Department of Agriculture (USDA) said in a report published on Wednesday. It is reported by Reuters. The tax, introduced last April, has slashed the beverage sector's use of sugar by 30 percent, the USDA attache in Pretoria said, marking a major win for health advoca...

French sugar trader Sucres et Denrees SA, or Sucden, expects a larger deficit in the world’s sugar supply balance in the 2019-20 crop year (October-September), at around 4 million tons, due to projected decreases in output in India, Thailand and the European Union. It is reported by Reuters. Eduardo Sia, a sugar trader for Sucden in Brazil, said that sugar production in Thailand should fall around 10 percent in 2019-20 to 12 million tonnes, as cane farmers sw...

Brazil should seek a tariff-free sugar quota agreement with the United States similar to the tariff-free ethanol quota it offers to U.S. exporters of the biofuel, the new head of Brazil’s powerful cane industry group Unica told. It is reported by Reuters. Evandro Gussi, who took over last month as the head of Brazil’s main sugar and ethanol lobby, said in an interview that if a tariff-free sugar quota was not accepte...

In 2019, agrarians of Volyn region plan to increase sugar beet harvested area. It is reported by the press service of Volyn Regional State Administration. In 2019, in Volyn region the local agrarians plan to sow 12,5 thousand hectares of sugar beet. According to the S...

Egypt's Canal Sugar plans to build the biggest in the world beet sugar factory. It is reported by Reuters. Egypt’s Canal Sugar said on Sunday it had signed a financing agreement worth a total of $169 million with a consortium of six banks. The funds, which consist of...

On February 27, the 3-rd International Congress «Sugar World 2019» took place in Brovary, bringing together about 450 sugar beet producers and processors, international experts and representatives of commercial companies. The event was focused on the technological aspects of the effective sugar beet cultivation and modern trends in the quality sugar production. You can review all...

Such an opinion was expressed by the participants of «Sugar World 2019», the 3-rd International Congress for Sugar Beet Producers and Processors, organized by the National Association of Sugar Producers of Ukraine, which took place on February, 27 and gathered about 450 sugar beet growers and sugar producers, international experts and representatives of commercial companies.  Andriy Dykun, the Chairman of «Ukrsugar» Association, opened the event, noting that despite crisis, sugar industry continues its development:  «Today...

The International Sugar Organization on Thursday forecasted there would be a global sugar surplus of 641,000 tonnes in the 2018/19 season, down from a previous forecast of 2,17 million tonnes. It is reported by MoneyControl. The inter-governmental body, in a quarterly report, said the smaller surplus was mainly due to diminished outlooks for production in Brazil and the European Union wh...

Sugar exports from the EU will not exceed 2 million tonnes in the coming years, says the head of Sucden analytical department Marina Sidak at «Sugar World 2019» International Congress. «During the last 5 seasons, sugar exports from the EU ranged from 1,4 to 3,6 million tonnes. The season of 2017/2018 MY after the abolition of production quotas in...

High grain prices may lead to a higher than expected reduction in sugar beet harvested area in 2019/2020 MY in the CIS countries, says the head of Sucden analytical department Marina Sidak at «Sugar World 2019» International congress. She says, next year in Ukraine the harvested area will decrease by 11% — to 250 thousand hectares, and sugar production is expected at the level of 1,4-1,6 million tonnes. In addition, ther...