Ситуація в країнах «price-maker»

 
Conab raises estimate for Brazil's 2024/2025 sugarcane crop

Brazil's national crop agency Conab on Thursday increased its forecast for the country's 2024/25 sugarcane crop but said production would still fall short of the previous season as low rainfall and high temperatures reduced yields in key areas. It is reported by xm.com. Sugarcane output in the South American country is now seenat 689.83 million tonnes this season, the agency said, above the 685.86 million ton...

 
Brazil sugar production falls 2% — Unica

Sugar production in Brazil's center-south region totaled 3.61 million tonnes in the second half of July, a 2.16% drop on a yearly basis, while agricultural yields for sugarcane declined as the crop struggles in drier weather. It is reported by xm.com. Industry group Unica said in a report on Tuesday that sugarcane crushing in the period totaled 51.31 million tonnes, down 3.35% year-on-year, while total ethanol outp...

 
UK regulator provisionally clears T&L Sugars' Tereos deal

Britain's competition watchdog said on Tuesday it has provisionally approved the deal for T&L Sugars to buy Tereos UK & Ireland's retail sugar business. It is reported by Reuters. T&L Sugars, which refines and distributes packaged sugar across supermarkets in the UK, bought Tereos' consumer facing operations in the UK and a distribution fac...

 
India's sugar output may fall 2% in 2024/25 — ISMA

India's gross sugar production is estimated to decline 2 per cent to 33.3 mln tonnes in 2024-25 marketing year starting October, according to industry body ISMA. The estimate was released after comprehensive analysis of satellite imagery, field reports on expected yields, sugar recovery rates, drawal percentage, the impact of rainfall from previous and current...

 
India set to decide soon on sugar selling price

India will make a decision on sugar industry calls for a hike in the minimum selling price (MSP) in the coming days, a senior government official said on Saturday, adding that ethanol policies would be set before the start of the next season. It is reported by Reuters. India, the world’s largest sugar consumer, restricted the use of sugar in ethanol production during the 2023/24 marketing year that ends on Sept. 30 and also prohib...

 
Sugar market to have smaller surplus — StoneX

The global sugar market is expected to have a smaller-than-anticipated supply surplus in 2024/25 (Oct-Sept) despite rising production in Asia, due to a significant reduction on the Brazilian crop, broker StoneX said on Wednesday. It is reported by xm.com. StoneX cut its projection for Brazil's Centre-South sugar output by nearly 2 million tonnes to 40.5 million tonnes due to this year's lower quality of th...

 
Brazil sugar exports up 50%

Brazilian sugar exports increased by 50% in the first half of 2024 to 15.15 million metric tons, with Indonesia leading among the main destinations, according to data released by shipping company Cargonave. It is reported by xm.com. Singapore-based commodities trader Wilmar International WLIL.SI was the main bulk sugar charterer among companies exporting from Brazil with 16% of the trade, followe...

 
Sugar export ban stabilised prices in India

The export restriction on sugar have stabilised domestic sugar prices as per Economic Survey 2024 released on July 22. The prices have remained stable amidst global sugar prices volatility since last year. It is reported by moneycontrol. “These export restrictions have indeed played a role in stabilising domestic sugar prices,” the Economic Survey 2024 stated. As a result, “Eve...

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