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ISMA increased India sugar output forecast by almost 2%

Mills in India, the world’s biggest sugar producer, are likely to churn out around 27 million tonnes of sugar in the current season that began on Oct. 1, 2019, up from the previous forecast of 26,5 million tonnes, the Indian Sugar Mills Association (ISMA) said in a statement. It is reported by Reuters. India’s sugar output is expected to rise nearly 1,89% this year from a previous forecast as the country-wide lockdown to stem the spread of the new coronavirus has...


Gnidava Sugar Refinery is preparing for 2020 sugar refining season

«Gnidava Sugar Refinery» LLC is preparing for the 2020 season. It is announced by the Raw Materials Deputy Director Oleksandr Nikishyn, press service of the company reports.  One of the leading enterprises in Volyn region prepares quite ser...


Ukrainian sugar production will be reduced

According to the analytical department of «Ukrsugar» Association, in 2020/2021 MY, sugar production is expected at 1,2-1,3 million tonnes, which is 15% less than the previous year. The number of processing refineries will remain unchanged — 33 sugar factories are expected to operate in the season. «Given the reduction of sown areas and weather conditions that can significantly affect yields, as it is already known that dust storms have damaged some crops in Ternopil, Kharkiv and Kirovohra...


Shepetivka sugar refinery continues preparation for the new season

To meet new sugar-refining season as a modern European enterprise with innovative technologies, Shepetivka sugar refinery works hard to upgrade production facilities.  It is reported by the company on its Facebook-page. This year, the refinery will receive the dry beet transportation line and the first automated raw material laboratory in Ukraine, where...


«Astarta»'s sugar revenues increased by 46%

In 1Q 2020, «Astarta»'s sugar revenues grew to EUR 29m (up by 46% y-o-y) on higher sugar sale volumes and improvement of realized prices to EUR352 per tonn compared to EUR 316 per tonn a year ago.  It is reported by press-center of the company. Segment EBITDA improved to EUR3.4m in 1Q20 versus EUR2.0m in 1Q19. «Astarta»’s consolidated revenues&nbs...


Ukrainian sugar export fell almost 2 times in April

In April, Ukrainian producers exported 9,1 thousand tonnes of sugar — almost twice less than the previous month — 19,6 thousand tonnes. «At the end of March, we saw some recovery on the London Stock Exchange. As a result, the demand for Ukrainian sugar grew slightly and producers were able to supply almost 20,000 tonnes of...


«A’SPIK Group» has no need to reseed sugar beets due to weather "swings"

Although “sugar roots” in the fields of «A’SPIK Group» have been partially affected by May temperature changes and strong winds, there is no need for reseeding. It is reported by the company on its Facebook-page. The land monitoring results show that the "sweet" crop is in a satisfactory phytosanitary condition. However, this year...

 
India's sugar output falls 19%

Indian mills produced 26,5 million tonnes of sugar between October and May, down 19% from a year earlier, due to lower output in the drought-hit western state of Maharashtra, the Indian Sugar Mills Association (ISMA) said on Monday. It is reported by Reuters. The country is the world's biggest sugar producer and lower output could support global prices. Mills in Maharashtra produced 6 million tonnes of sugar from Oct. 1...


Suedzucker optimistic about profits despite coronavirus

Suedzucker on Thursday confirmed a forecast made last month for a strong profit increase in its current financial year on hopes cost savings, strong EU demand and rising sugar prices will lift its core business despite the impact of coronavirus. It is reported by Reuters. Europe’s largest sugar refiner forecast in April that operating profit in its 2020/2021 financial year starting in March would rise to between 300 and 400 million e...


Dust storms destroyed up to 10% of sugar beet area in Ternopil region

Dust storms that swept through Ternopil region on May 12 destroyed sugar beet crops. Losses account for approximately 10% of the sown area. It is reported by Volodymyr Ulichnyi, the farmer, kurkul.com informs. The weather consequences were reported by «Dzvin» farm in Ternopil region on its Facebook-page, too. ...

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