News

India has contracted to export about 5.6 million tonnes of sugar since the government said late last year that mills could ship up to 6.1 million tonnes of the sweetener by May. It is reported by Nasdaq. Dealers have already shipped about 2.5 million tonnes of the total contracted quantity, said the sources, who asked not to be named because they are not authorised to talk...

The Sugar Regulatory Administration (SRA) has proposed to import 450,000 tonnes of sugar this year following the instruction of President Marcos to bring down retail prices of the sweetener. It is reported by philstar. Agriculture Assistant Secretary and deputy spokesperson Rex Estoperez said the SRA is finalizing an import plan as directed by the President. «The Presiden...

Five sugar factories of Vinnytsia region finished the production season. It was announced by the head of Vinnytsia Regional Military Administration, Serhii Borzov, on Facebook. He noted that the enterprises processed 2.4 million tonnes of raw materials, produced 36...

India is likely to produce 34.3 million tonnes of sugar in 2022/23, down 4% from the previous forecast, after sugar cane yields in key producing states were hit by adverse weather, a senior industry official told on Tuesday. It is reported by Reuters. Lower sugar output could limit exports from the world's second-biggest exporter, lifting global prices , and allowing rivals Brazil and Thailand to increase their shi...

Belgium experienced severe bouts of frost last month around 10 December, which is now making farmers and sugar factories face severe consequences as around 1,000 hectares of sugar beet need to be destroyed. It is reported by The Brussels Times. The freezing and quick thawing has caused the sugar beet to rot and, according to the Confederation of Belgian Beet Growers (CBB), around 1,000 hectares of rot...

Iranian farmers have managed to produce 6.7 million tonnes of sugar beet in the current Iranian calendar year (started on March 21, 2022), an official with the Agriculture Ministry said. It is reported by IRNA. According to Peyman Hesadi, the director of the ministry’s high-sucrose plants program, some 900,000 tonnes of sugar have been produced from the harvested sugar b...

«Astarta» completed the 2022 sugar production season. In total, the сompany’s sugar mills processed 2mt of sugar beets grown in-house and from third-party farmers and produced 282kt of white sugar. It is reported by press-center of the company. The sugar output content corresponded to 14.26% (the average Ukraine’s indicator was 13.98%). Traditionally, 99% of sugar produced by «Ast...

Brazil’s centre-south sugarcane crushing totalled 2.63 million tonnes in the second half of December, industry group Unica said on Wednesday, soaring from the same period last year when processing had already been virtually halted by this time. It is reported by Business Recorder. Sugar output reached 165,000 tonnes in the period, while total ethanol output hit 322.24 million liters, as the current crop nears its end. Only 16 plants ha...

Europe's largest sugar producer, Suedzucker (SZUG.DE), on Thursday posted a rise of 73.5%% in quarterly earnings as higher sugar and biofuel prices counteracted the impact of rising energy and raw materials costs. It is reported by Reuters. Suedzucker said operating profit in the third quarter, to the end of November, of its 2022/23 fiscal year had risen to 220 million euros ($237 million) from 127 million e...

In 2022, Cygnet company changed the structure of sown areas, but this year it plans to return to a five-crops rotation. Cygnet CEO Ihor Shilyuk told for the corporate publication. «With the beginning of the war, we were limited in working capital. Considering the specifics of growing agricultural crops, i...