Ситуація в країнах «price-maker»

Global commodities trader Bunge Ltd has filed for a potential public offering of its sugar and ethanol unit in Brazil Bunge Açúcar&Bionergia SA, with the Brazilian Securities Commission. It is reported by Reuters. The U.S. headquartered company said it recently obtained debt financing for the unit, which it has prepared to operate as a stand-alone company. Bunge said it plans to...

Thailand has allocated an additional 300,000 tonnes of raw sugar for ethanol production this year, amid weak prices and a large global surplus of the commodity. It is reported by Reuters. Thailand, the world's second-largest sugar exporter after Brazil, expects at least 14 million tonnes of sugar from a record 134 million tonnes of cane in the 2017/18...

German farmers have expanded sugar beet plantings in 2018 by 3,7% on the year to 421,600 hectares, German's national statistics office said on Tuesday. It is reported by Reuters. The increase was achieved despite poor weather which hindered the start of sugar beet sowing in Germany, the European Union's second largest beet producer.  E...

Indian cabinet approved a proposal to give subsidies to cane farmers for produce they sell to sugar mills, a government source said, as part of efforts to help growers and companies struggling with a glut. It is reported by Reuters. Prime Minister Narendra Modi's administration decided to give 55 rupees ($0.82) for every tonne of cane sold to the mills. As a drop in local sugar prices to their...

Brazil's center-south, the world's largest sugar producing region, sped up harvesting in the first half of April, crushing a quarter more cane than in the same period a year earlier, industry group Unica said on Wednesday. It is reported by Reuters. Mills crushed 22,21 million tonnes of cane in the first two weeks of April versus 17,7 million tonnes a year earlier, allocating 68,5 percent of that cane to ethanol prod...

In India government is unlikely to give any export subsidy to sugar mills even as it has asked mills to give priority to clear sugar arrears to farmers, which has mounted to more than Rs 18,000 crore. It is reported by The Economic Times. «At present there is no proposal by the government to give any export subsidy to sugar mills», — a food ministry official said. «Our co...

Tamil Nadu will continue to under perform in sugar output as planting acreages remain stagnant across major cane growing districts. It is reported by BusinessLine. This means the coming 2018-19 sugar season (October-September) will continue to be lacklustre though there could be a small improvement in output. It also means that...

France's farm ministry on Tuesday estimated that farmers would sow 483,000 hectares of sugar beet for the 2018 harvest, little changed from 486,000 hectares in 2017. It is reported by Reuters.   In a crop report, the total barley area was pegged at 1,85 million hectares, down from 1,91 million hectares last year. This included 502,000 hectares of spring...

Poor weather has hindered the start of sugar beet sowing in Germany, the European Union's second largest beet producer, but the sowed area is likely to be similar to last year, the head of Germany's sugar industry association WVZ said on Monday. It is reported by Reuters. «Sowings of sugar beet has started this year with a significant delay, — said association CEO Guenter Tissen, — In some regions the delay has now r...

Brazil's sugarcane industry on Thursday took aim at policies undertaken by Pakistan and India to protect local producers and boost sugar exports, arguing they could further depress global prices. It is reported by Reuters. Pakistan, whose stature as a sugar producer has been growing in recent years, in January quadrupled the volume of sugar eligible for export subsidies to 2 million tonnes...