Ситуація в країнах «price-maker»
In Thailand sugar cane output is lower than forecast for this crop year, with an increase of just 1.9% to 93.8 million tonnes due to drought and more farmers switching to cultivating cassava, says the Office of the Cane and Sugar Board (OCSB).
It is reported by Bangkok Post.
«The government previously expected the amount of sugar cane would exceed 100 tonnes in the 2022-23 crop year», — said Panuwat Triyangkunsri,...
Sugar prices in India have climbed more than 6% in two weeks and are likely to rise further as production is set to fall and demand from bulk consumers to strengthen during the peak summer season, industry officials told Reuters.
Higher local prices will improve the margins of sugar makers such as Balrampur Chini, Shree Renuka Sugars, Dalmia Bharat Sugar and Dwarikesh Sugar, helping them make cane payments on time to farm...
The European Union sugar beet area for the 2023/24 season is expected to be 3% below the five-year average after a court ruling on the use of neonicotinoid pesticides, the European Commission said in a short-term outlook issued on Thursday.
It is reported by Nasdaq.
The Court of Justice of the European Union ruled in January that member states cannot offer exemptions to the bloc's ban on crop seeds treated with neonicotinoids, whi...
Brazilian sugar group UNICA estimated on Friday that mills in the country’s centre-south region will crush around 5 million tonnes of sugarcane in the second half of March, nearly five times more than in the same period in 2022.
It is reported by Business Recorder.
UNICA’s projection confirms market speculation of an early start to the Brazilian sugar season after favourable weather in the between-crops’ period...
India's top sugar-producing state, Maharashtra, could churn out nearly 16% less sugar than the previously estimated as mills are closing early due to limited availability of sugar cane.
It is reported by Reuters.
Lower sugar output could prevent the world's second-biggest exporter from allowing additional exports, potentially supporting global prices SBc1, LSUc1 and allowing r...
Indian mills have produced 28.2 million tonnes of sugar since the current season began on Oct. 1, down 1% year on year, the Indian Sugar Mills Association said on Friday.
It is reported by Nasdaq.
Lower sugar output from India, the world's biggest producer of the sweetener, will leave hardly any surplus for additional exports during the current 20022-23 season....
S&P Global Commodity Insights has cut its 2023/24 forecast for sugar output in the European Union plus United Kingdom by 570,000 tonnes to 16.8 million, citing the impact of a recent pesticide ban.
It is reported by hellenicshippingnews.
The outlook still represents growth of 1 million tonnes versus the 2022/23 sugar crop.
The European Court of Justice earlier this year banned that gr...
India will increase its diversion of sugar for ethanol production in the October 2022-September 2023 sugar season to meet its goals for ethanol blending with gasoline, the government said on 6 March.
It is reported by argusmedia.
India will divert 5mn t of sugar for ethanol production during 2022-23, up from 3.6mn t in 2021-22, the ministry of consumer affairs, food and public distribution...
France's largest sugar and ethanol group Tereos told unions it plans to close its sugar activities in its factory in Escaudoeuvres, northern France, local radio France Bleu reported on Wednesday.
It is reported by Nasdaq.
Tereos had said last year did closing a sugar factory in France as it anticipated further declines in sugar beet production.
A spokesperson for the group declined to co...
