News of «price-maker» countries

 
EU expects a significant reduction in sugar output

The European Union is heading for a significant drop in sugar output this year after fields were devastated by pests and dry weather, making the bloc a net importer and pressuring a fragile sugar industry, analysts say. It is reported by Reuters. Sugar production in the EU and Britain is set to fall to 16,1 million tonnes, down from about 17 million in 2019, mainly due to lower sugar beet output in top producer Fr...


India's sugar crop faces delays with COVID-19

India is facing potential delays in the harvest of its massive sugarcane crop, threatening supply worldwide, as millions of migrant workers needed for the harvest may be scared to travel as coronavirus infections surge throughout the country. It is reported by Reuters. India’s sugar harvest begins in October, when other major producers are winding down. The country’s industry is not mechanized, however, relying on migrant wo...

 
Brazil drops zero-tariff ethanol import quota

Brazil allowed a non-tariff quota for ethanol imports to expire on Monday, which will result in U.S. producers having to pay a 20% tariff unless the Brazilian government takes new action. It is reported by Reuters. «The expiry date was today and nothing was decided, but that does not stop the government taking a decision in the next few days», — a government o...

 
Thai July sugar exports fall 24%

Thai sugar exports fell 24% on the month in July, which traders attributed to tight supply which forced destination buyers to seek alternative, more competitively priced origins. It is reported by S&P Global Platts. Total sugar exports from Thailand in July were 428,174 tonnes — comprising 204,761 tonnes of raw sugar, 26,908 tonnes of low-quality whites and 1...

 
Brazil's sugar production could end earlier than usual — S&P Global Platts

Sugar production in the first half of August in Brazil's key Center-South region is expected to total 3.249 million mt, a surge of 53% year on year, according to the consensus expectations of analysts surveyed by S&P Global Platts Aug. 24. It is reported by press-service of S&P Global Platts. If analyst estimates prove to be right, this would be the highest volume of sugar produced in any H1 August on record. Based on the...

 
Brazil’s sugar production is expected to grow 32% — Conab

Brazil’s total sugar production in the 2020-21 season (April-March) is expected to grow 32% and reach a record 39.33 million tonnes as mills allocate more raw material to sugar production and less to ethanol, the government said on Thursday. It is reported by Reuters. In its second projection for national production, which includes the major center-south region as well as the smaller north-northeast area, Brazil’s Conab food supp...

 
France to ease pesticide ban for sugar beet to curb crop losses

The French government will propose lifting a ban on certain pesticides blamed for harming bees to protect sugar beet crops that have been ravaged by insects this year, the agriculture ministry said on Thursday. It is reported by Reuters. The government plans to support a legislative amendment in parliament later this year to exempt sugar beet for up to three years from a general ban on neonicotinoids, the...

 
Brazil will have to boost U.S. ethanol imports to meet demand

Sugar production in Brazil's center-south region reached 10.57 million tonnes so far in the 2020-21 season that began in April, 57% more than in the previous season, industry group Unica said on Wednesday. It is reported by Nasdaq. Mills in Brazil continue to push for maximum sugar output at the expense of ethanol, with cane allocation for production of the sweetener reaching near a record 47% early...

 
Brazil ethanol output decreased by 16%

Mills in the main sugar belt in Brazil kept producing as much sugar as possible late in May, driving cumulative output of the sweetener so far in the season to a 65% growth from a year earlier, industry data showed on Friday. It is reported by Reuters. Brazilian mills produced 8 million tonnes of sugar in the first two months of the new crop, up from 4.8 million a year earlier, cane industry group Unica said. Mills a...


EU sugar beet production is expected to decline

Dry spring weather and early pest attacks have hurt sugar beet crops in the European Union (EU) where farmers discouraged by low returns had already reduced sowings, but good summer weather could limit losses, growers said. It is reported by Successful Farming. It was too early to give precise estimates as sugar beets were only entering the key development stage but it was unlikely this year's yields would be abov...

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