News

India could start sugar's new marketing year on Oct. 1 with carry forward stocks of 6.2 million tonnes even after exporting a record 10 million tonnes, the top official at the food ministry said on Wednesday. It is reported by Reuters. On Tuesday India imposed restrictions on sugar exports for the first time in six years by capping this season's exports at 10 million tonnes. New Delhi had decided...

Egypt has sugar reserves sufficient for more than six months. It is reported by zawya. Mostafa Abdel Gawad, head of the Sugar Crops Council, said that the expected production of sugar during 2022 will be at 2.8 million tonnes, down from 3 million tonnes...

As the crop year is set to end in a few months, the country’s sugar output remains on the downtrend due to unfavorable weather conditions coupled with the damages caused by a typhoon late last year, according to the Sugar Regulatory Administration (SRA). It is reported by philstar. In a circular letter addressed to various sugar industry groups, SRA Administrator Hermenegildo Serafica said the country’s sugar production reached only 1.8...

If before the war experts were skeptical about the prospects of biogas, then in condition of energy shortages, the processing of crop products into alternative energy sources may become a new trend. Thus, the attitude to the prospects of sugar production may change, Agravery reports. Serhiy Shcherban, SOLAGRO Group Elevator Manager, says: «Sugar factories are an underestimated topic. This is a source for biogas. In addition, it is ideal to combine corn processing with i...

Cuba, once legendary for its sugar cane, produced only about half the sugar it had hoped to this season, and authorities acknowledged that while they will cover internal demand they will not be able to meet their international commitments. It is reported by AP News. «It’s not a secret, the sector is in crisis, — Dionis Pérez, director of communication at Azcuba, the government agency that regulates sugar prod...

French sugar and ethanol maker Cristal Union promised farmers high prices for their 2023 sugar beet harvest in a bid to secure suppliepass on the rise in price and costs to our consumers, Cristal Union Director General Xavier Astolfi said in an interview following a news conference to discuss its results. It is reported by Successful Farming. Astolfi provided an objective to pay 40 euros per tonne of sugar beet for the 2023 harvest, up from 29.37 euros in 2021 and 35 euros promised for the 2022 crop...

The U.S. Department of Agriculture (USDA) on Friday slashed its projection of sugar stocks-to-use ratio, a key supply level indicator, to 7.6% for the 2022/23 season from 10.1% seen in May as estimates for sugar production in the United States fell. It is reported by hellenicshippingnews. That means that the amount of sugar that will be available in the United States at the end of the 2022/23 (Oct-Sept) season would only be enough for 7.6...

France's second-largest sugar maker Cristal Union on Monday posted a net profit of 97 million euros ($102 million) in the 2021/22 financial year, up from 69 million euros a year earlier. It is reported by Reuters. Its turnover was up 6.4% at 1.8 billion euros in the year to Jan. 31, while adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) rose to 206 mil...

Vitaliy Koval, the head of Rivne Regional Military Administration, got acquainted with the activities of «Rozvaz'ke» agricultural enterprise, which has been growing sugar beets for many years. It is reported by «Rivnenski Novyny». Sugar beet is a highly marginal crop, farmers say. Beet yields of 80 t/ha are record high. The enterprise has never harvested less than 60 ton...

Sugar production in Thailand for 2022/23 (2023) is forecast to rise slightly to 10.5 million tonnes compared to 2022. It is reported by USDA in its May report. On average over the last 10 years Thailand has been the fourth largest sugar producer behind Brazil, India, and the European Union and slightly above...