News

Nestle will make further cuts to the amount of sugar in its products as it tries to improve the image of packaged foods in the eyes of health-conscious consumers. It is reported by Reuters. The company said it wanted to cut sugar by another 5 percent, on top of the more than 34 percent reduction achieved since 2000. «The trend toward healthier foods...

Global commodities trader Bunge Ltd has filed for a potential public offering of its sugar and ethanol unit in Brazil Bunge Açúcar&Bionergia SA, with the Brazilian Securities Commission. It is reported by Reuters. The U.S. headquartered company said it recently obtained debt financing for the unit, which it has prepared to operate as a stand-alone company. Bunge said it plans to...

Thailand has allocated an additional 300,000 tonnes of raw sugar for ethanol production this year, amid weak prices and a large global surplus of the commodity. It is reported by Reuters. Thailand, the world's second-largest sugar exporter after Brazil, expects at least 14 million tonnes of sugar from a record 134 million tonnes of cane in the 2017/18...

German farmers have expanded sugar beet plantings in 2018 by 3,7% on the year to 421,600 hectares, German's national statistics office said on Tuesday. It is reported by Reuters. The increase was achieved despite poor weather which hindered the start of sugar beet sowing in Germany, the European Union's second largest beet producer.  E...

The government of Tanzania has ordered importation of 70,354,35 tonnes of sugar to fill the deficit facing the east African nation. It is reported by News Ghana. Charles Tizeba, the Minister for Agriculture, said 60,539,35 tonnes of sugar out of the consignment will arrive in the country next week, adding that the remaining 9,8...

The wastes from sugar factories have been actively used and processed at the leading European enterprises, the bioethanol plant, which successfully works in Lutsk (Ukraine), is their analogue. It is reported by the press service of the Gnidava Sugar Refinery. Today, at Gnidava Sugar Refinery, molasses exports are stopped and it successfully processes into bioethanol and mo...

As of May 11, Ukrainian farmers almost finished sugar beet sowing. It is reported by the press service of the Ministry of Agrarian Policy and Food of Ukraine. The work was carried out on the area of 275 thousand hectares, or 92% of the forecast. The s...

The Sugar Regulatory Administration (SRA) is optimistic that the Philippines’ sugar production will meet domestic demand for the current crop year. It is reported by The Manila Times. According to SRA Administrator Hermenegildo Serafica, production reached 1,92 million tonnes as of May 6. The goal is 2,27 million tonnes. «It is v...

For the first three months of 2018 «Astarta» sugar segment generated 39% of consolidated revenues with EUR 36 million. It is almost 48% lower y-o-y as prices declined and volumes lowered on reduced production in the 2017 season. It is reported by the press service of the company. In the 2017/2018 marketing year, the global sugar market switched to surplus on significant output expansion in India, the EU and other regions....

China's sugar supply deficit in the 2018/19 season will fall by 12% — to 1,47 million tonnes from the previous season, as farmers are expected to boost output due to higher prices in the main growing areas. It is reported by Reuters. Issuing its first estimates for the 2018/19 season, the government said it expects output to increase 4,2% — to 10,68 million tonnes from 2017/18 estimated levels....