Ситуація в країнах «price-maker»

Sugar production in the key Center-South Brazil region is expected to total 457,600 mt in the first half of November, down 63.2% on the year, a survey of 10 analysts by S&P Global Platts showed Nov. 22. It is reported by S&P Global Platts. According to the analysts surveyed, the cane crush is estimated to range from 5.2 million mt to 13.6 million mt. The average estimate was for a total cane c...

Sugar production in Brazil's Center-South region fell 50.6% on the year in the second half of October to 858,000 mt, data from Brazilian sugarcane industry group UNICA showed Nov. 10. It is reported by S&P Global Platts. Mills in CS Brazil crushed 17.02 million mt of sugarcane in H2 October, down 36.8% year on year, UNICA said. Sugar's share of the sugarcane crush for...

India's plans to blend 20% ethanol with petrol from April 2023 will help cut sugar export subsidies. Oil Secretary Tarun Kapoor told reporters on Thursday, as reported by Reuters. India on Wednesday approved a proposal to achieve 20% ethanol-blending with gasoline by 2025, five years ahead of its...

The global energy crunch is putting pressure on the sugar market as the world’s top exporters convert more cane into ethanol. It is reported by Bloomberg. Sugar hit a four-year high in October as energy supply shortages roiled commodity markets from magnesium to tomatoes. Facing rampant fuel inflation,...

India is likely to produce around 30.5 million tonnes of sugar in the season which on Oct. 1, 1.6% lower than a previous industry estimate, a leading producers' body said on Thursday. It is reported by Nasdaq. The Indian Sugar Mills Association (ISMA) in June said mills were expected to churn out 31 million tonnes of sugar in the 2021/22 season. Estimates of higher diversion...

India's mills need to export 6 to 7 million tonnes of sugar without government incentives in 2021/22 to bring down inventories and ensure domestic prices remain firm despite surplus production. It is reported by Nasdaq. Sugar exports by the world's second biggest producer could cap global prices SBc1LSUc1, which hit a 4-1/2 year high this month on expectations that supplies from...

Brazilian mills crushed only 19.69 million tonnes of sugarcane in the first half of October in the center-south, 46% less than a year ago, as rains hampered activities and companies end the 2021/22 season earlier due to lower cane volumes. It is reported by Nasdaq. According to industry group Unica, s ugar production in the period was at 1.14 million tonnes, 56% less than a year ago. Ethanol production was 1.23 billion liters, 40% le...

French sugar producers may not fully benefit from the recent surge in sugar prices due to lower sugar content in the beet crop now being harvested and high energy prices expected to increase production costs, producers said. It is reported by Successful Farming. Global sugar prices are hovering near four-year highs , buoyed by prospects of a large global sugar deficit this season after a poor harvest in top producer Br...

France’s farm ministry on Tuesday raised its estimate of the country’s 2021 sugar beet crop. It is reported by Reuters. In a monthly crop report the ministry raised its sugar beet crop estimate to 34 million tonnes from 33,1 million seen a month ago.