Ситуація в країнах «price-maker»

The government yesterday sanctioned a definitive sugar cane price for the 2022/2023 season at 1,197 baht (US$33) per tonne, marking a substantial increase of 117 baht from the preliminary price of 1,080 baht per tonne. In parallel, the initial price for the 2023/2024 season was ratified by the cabinet, standing at 1,420 baht per tonne. It is reported by thethaiger.com. Government spokesperson, Chai Wacharonke, indicated that the final prices applied to sugar cane demonstrating a commercial cane sugar (CCS) sweetness level of...

India will raise the floor price that mills must pay for sugar cane in the 2024/25 season by 8% from Oct. 1, as the world's second-largest sugar producer tries to boost output and please farmers ahead of a general election later this year. It is reported by Reuters. New Delhi fixed the buying price of sugar cane at 340 rupees ($4.10) per 100 kg for next season, up from this year's 315 rupees, for a basic recovery rate of 10.25%,...

Indian mills have produced 4.32 million tonnes of sugar since the current season began on Oct. 1, down 10.7% year on year, as mills in two key states started operations later than usual, a leading trade body said on Friday. It is reported by Business Standard. Lower sugar production could lead the world's second-largest producer to refrain from allocating export quotas and support global prices, that are trading n...

Brazil's sugarcane production is expected to reach an all-time high 677.6 million tonnes in 2023/24, government agency Conab said on Wednesday, up 10.9% from the previous year and above an August estimate of 652.9 million tonnes. It is reported by Nasdaq. The higher crop, driven by favorable weather and increasing yields, will lead sugar production in the world's largest sugar exporter up 27.4% on a yearly basis to a re...

Sugar beet production in France is expected to reach 31.5 million tonnes this year, up from about 31 million in 2022, growers group CGB said on Tuesday. It is reported by Nasdaq. The CGB's estimate was slightly above the French farm ministry's latest forecast of 31.28 million tonnes. Sugar production from the crop was expected...

Thailand production is estimated to drop 1.7 million tonnes to 9.4 million due to drought during the intensive growth stage. It is reported by USDA in its November report. Consumption is expected up in line with anticipated economic recovery and tourism that will boost domestic demand for sugar. Exports are estimated hig...

Brazil production is estimated up 3.0 million tonnes to a near-record 41.0 million as favorable weather and increased area are expected to result in additional sugarcane available for crushing. It is reported by USDA in its November report. Favorable sugar prices encouraged farmers to use their land for growing sugarcane instead of grains. The sugar/ethanol production mix is expected...

India production is estimated up 4.0 million tonnes to 36.0 million on higher sugarcane area and yields. It is reported by USDA in its November report. Consumption is anticipated to be up on increased demand from bulk buyers and processed food manufacturers. Exports are forecast lower on the likelihoo...

Global production is estimated up 8.2 million tonnes year-over-year to 183.5 million with higher production for Brazil and India expected to more than offset a decline for Thailand and Pakistan. It is reported by USDA in its November report. Consumption is anticipated to rise to a new record due to growth in markets including India and Pakistan. Exports are estimated higher as Brazil and T...

Sugar production in the European Union (EU) is projected to grow 3% in the 2023/24 season with a strong crop in the bloc's East more than offsetting a drop in France, the United States Agriculture Department (USDA) said in a report on Tuesday. EU's beet sugar production was forecast at 15.5 million metric tons, the USDA said, bolstered by increased plantings mainly in Poland, up 19%, Romania, Slovakia and Hungary, and also Spain. Pla...