Ситуація в країнах «price-maker»
France’s farm ministry on Tuesday cut its estimate of the country’s 2018 sugar beet crop to 40,4 million tonnes from 41,1 million last month as it lowered expected yields.
It is reported by Business Recorder.
The reduced sugar beet crop estimate was 12,7 percent below last year’s volume but 8,8 percent above the five-year average.
A fire last week at a Saint Louis Sucre plant in northern France has delayed the start of beet processing by around a month, parent company Suedzucker, Europe’s largest refiner, said on Wednesday.
It is reported by Reuters.
The start of the annual production run was initially set for September 24 but the fire caused serious damage and experts’ appraisals were ongoing, a person clo...
Tereos, one of the world’s largest sugar makers, is seeking to cut its sugar beet production next year by 5% and has asked its cooperative members to reduce plantings, citing difficult market conditions.
It is reported by Reuters.
A surge in output after the European Union abolished production quotas last year and a 50-percent slump in prices since early 2017 in an oversupplied world market have le...
French sugar cooperative group Tereos said crop samples put this year’s sugar beet yield at 61.8 tonnes per hectare, below the five-year average.
It is reported by Reuters.
Crop samples also showed that the 2018 crop had a sugar content higher than the five-year average, Tereos said in a statement without giving more details.
Tereos delay...
French cooperative group Tereos, one of the world’s largest sugar makers, reported a fall in quarterly earnings as historically low prices outweighed stronger volumes following the liberalisation of the European sugar market.
It is reported by Reuters.
Tereos’ adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) in the first quarter of its 2018/19 financial year came to 84 million euros (...
India has extended the deadline for export of 2 million tonnes sugar by three months to December.
It is reported by Reuters.
The world’s second-biggest sugar producer has been trying to reduce sugar stocks after harvesting a record crop.
India’s sugar production is expected to ju...
The Minnesota sugar beet crop is expected to be smaller this year, due to the long winter and rainy start to the summer.
It is reported by StarTribune.
Yield forecasts are down more than a ton per acre — a decline of about 4 percent, according to the U.S. Department of Agriculture — as farmers gear up for...
Scorching weather that parched farmland across northern Europe has also stressed sugar beet plants and could push yields in the European Union’s harvest well below last year’s bumper levels.
It is reported by Reuters.
The EU’s executive had already projected a fall in sugar production in 2018/19 after heavy rain delayed spring planting, and a hot summer in top producing countries...
Brazil’s energy and logistics group Cosan SA Indústria e Comércio posted a quarterly net loss of 64,3 million reais ($17,05 million) on Wednesday, slightly better than the 76 million reais loss a year earlier, the company said in a market filing.
It is reported by Reuters.
Cosan, which is a partner of Royal Dutch Shell Plc in the 50-50 joint venture Raízen, the world’s largest sugar producer, reported an Ebitda of 803 million r...
Brazil’s center-south is likely to produce an even smaller amount of sugar next year after a sharp drop reported in the current crop, as a harsh drought and reduced crop care will lead to a poor cane harvest, according to industry representatives.
It is reported by Reuters.
The world’s largest sugar producing region is expected by most analysts to cut output in the current crop, which runs from April 2018 to March 2019, to around 28 mi...
