News

 
Brazil drops zero-tariff ethanol import quota

Brazil allowed a non-tariff quota for ethanol imports to expire on Monday, which will result in U.S. producers having to pay a 20% tariff unless the Brazilian government takes new action. It is reported by Reuters. «The expiry date was today and nothing was decided, but that does not stop the government taking a decision in the next few days», — a government o...


«A'SPIK Group» brings Krasyliv Sugar Refinery to the European level of production

Krasyliv Sugar Refinery will soon replenish its material and technical base with European-made equipment. In particular, 2 vacuum devices have been purchased and will be installed in the near future, which will be the basis for the implementation of the 3-rd product scheme for sugar production. It is reported by «A'SPIK Group» on its Facebook-page. Earlier the refinery used a simplified method of sugar beet processing, which involved 2 phases of sugar extraction and,...


Cygnet reduces logistics costs

Cygnet purchased the new TEM-2U-8289 locomotive to reduce logistics costs. It will run on the railway tracks of the elevator in the village of Kozyatyn from the end of September. It is reported by the company on its Facebook-page. «This locomotive is identical to the other one in the elevator in the village of Andrushky. Its characteristics are satisfied: high-qu...

 
Thai July sugar exports fall 24%

Thai sugar exports fell 24% on the month in July, which traders attributed to tight supply which forced destination buyers to seek alternative, more competitively priced origins. It is reported by S&P Global Platts. Total sugar exports from Thailand in July were 428,174 tonnes — comprising 204,761 tonnes of raw sugar, 26,908 tonnes of low-quality whites and 1...

 
Egypt's strategic sugar reserves sufficient for six months

Egypt’s strategic reserves of sugar are sufficient to cover consumption for at least six months, the head of the sugar crop council in the agriculture ministry told on Tuesday. It is reported by Reuters. The country produced around 2,3 million tonnes of sugar in the 2020 season, 860,000 tonnes of it from sugarcane and 1,4 million tonnes from sugar beet, Mostafa Abdel Gawa...

 
Brazil's sugar production could end earlier than usual — S&P Global Platts

Sugar production in the first half of August in Brazil's key Center-South region is expected to total 3.249 million mt, a surge of 53% year on year, according to the consensus expectations of analysts surveyed by S&P Global Platts Aug. 24. It is reported by press-service of S&P Global Platts. If analyst estimates prove to be right, this would be the highest volume of sugar produced in any H1 August on record. Based on the...

 
Brazil’s sugar production is expected to grow 32% — Conab

Brazil’s total sugar production in the 2020-21 season (April-March) is expected to grow 32% and reach a record 39.33 million tonnes as mills allocate more raw material to sugar production and less to ethanol, the government said on Thursday. It is reported by Reuters. In its second projection for national production, which includes the major center-south region as well as the smaller north-northeast area, Brazil’s Conab food supp...

 
USA began sugar beet harvesting campaign

Farmers who grow sugar beets for the Moorhead-based cooperative began hauling them to its five Red River Valley factories on Tuesday, Aug. 17. American Crystal Sugar has factories in the Minnesota cities of Moorhead, Crookston and East Grand Forks and the North Dakota towns of Drayton and Hillsboro. It is reported by Grand Forks Herald. The cooperative’s farmer-shareholders will harvest about 404,000 acres of sugar beets this year, estimated Dan Gowan, American Crystal Sugar's direct...


«Astarta» increased sugar revenues by 3%

«Astarta» sugar revenues amounted to EUR57m (up by 3% y-o-y) on improvement of realized prices to EUR354 per tonn compared to EUR329 per tonn a year ago. This lead to the EBITDA increasing to EUR8,1m in 1H20 from EUR4,0m in 1H19. It is reported by press center of the company. «Astarta»’s consolidated revenues amounted to EUR172m in the 1H20 with exports’ share of 53%. The Agricultural segment’s...

 
Fiji sugar mills increased cane crush by 17%

A total of 544,524 tonnes of cane has been crushed by the three sugar mills as of yesterday. It is reported by FBC News. The Fiji Sugar Corporation says this is an increase in cumulative crush compared to 465,015 tonnes for the same period last year. Nationally, mill performance remains...

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