Ситуація в країнах «price-maker»
Brazil’s center-south region produced 26,5 million tonnes of sugar in the 2018/2019 crop, down from 36,06 million tonnes in the prior harvest, cane industry group Unica said on Tuesday.
It is reported by Reuters.
Mills in the main cane belt in Brazil crushed 573,07 million tonnes of cane versus 596,33 million tonnes and directed more of their production to ethanol instea...
Mills in Brazil’s main center-south cane growing region are predicted to allocate 36 percent of the 2019/20 crop to sugar production, near last season’s estimated record low of 35 percent, Sao Paulo-based Archer Consulting said
It is reported by Reuters.
While cane crushers continue to show a preference for ethanol, Archer’s figure is below consensus predictions of a sugar allocation of just below 40 percent in a Re...
Rating agency ICRA has revised downwards its sugar production target for 2019 to 30,7 million tonnes from its earlier estimate of 31,5 million tonnes due to a decline in Uttar Pradesh, the largest growing State.
It is reported by BusinessLine.
The agency, however, said even at this level, sugar supply will be higher than demand.
ICRA on Friday said production may be further hit due to the diversion of &...
Farmers in western Europe have begun sugar beet planting, with first indications pointing to a drop in area for the next harvest after a price slump fueled by the end of European Union production quotas.
It is reported by Reuters.
The market downturn has prompted Europe’s biggest sugar refiner Suedzucker to announce the closure of several factories by 2020, which could lead farmers in affecte...
Brazil should seek a tariff-free sugar quota agreement with the United States similar to the tariff-free ethanol quota it offers to U.S. exporters of the biofuel, the new head of Brazil’s powerful cane industry group Unica told.
It is reported by Reuters.
Evandro Gussi, who took over last month as the head of Brazil’s main sugar and ethanol lobby, said in an interview that if a tariff-free sugar quota was not accepte...
Rising gasoline prices in Brazil and improved economic prospects in 2019 are boosting the outlook for ethanol sales and mills may once again skew toward the biofuel and away from sugar as the new cane crop approaches.
It is reported by Reuters.
Ethanol remains more attractive at present and mills will likely heavily favor production of the biofuel as the 2019/20 cane harvest begins in the center-south region in...
A drop in Indian harvest for a second year will potentially cut overseas shipments and support global prices that fell 21 percent in 2018.
It is reported by Business Standard.
Sugar output in India, which vies with Brazil as the world’s top producer, will likely drop to a three-year low next season as dry weather in some ma...
Brazilian sugar and ethanol company Sao Martinho SA cut its estimate for cane crush growth in the new season that starts in April to 5% from 10% expected in December due to below-average rains in the center-south region.
It is reported by Reuters.
Sao Martinho’s Chief Financial Officer Felipe Vicchiato said that it expects sugar prices to improve in coming months due to expected reductions in production...
Sugar production in Britain is expected to total 1,15 million tonnes this year, Associated British Foods said in a trading update on Thursday.
It is reported by Reuters.
The parent of British Sugar — the only British producer of sugar from domestic beet — had forecast in November that production would total only 1,05...
Germany’s second-largest sugar refiner Nordzucker on Tuesday was the latest European producer to report a slump in earnings following a collapse in prices.
It is reported by Reuters.
Unlisted Nordzucker said net profit fell to about 17 million euros ($19,6 million) in the nine months to end November 2018 from around 143 million in the same year-ago pe...
