Ситуація в країнах «price-maker»

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...

The CEO of Suedzucker, Europe’s largest sugar refiner, said on Thursday trading conditions remain tough but that he sees potential for a recovery in depressed global sugar prices. It is reported by Reuters. «In the sugar segment we are currently operating in a difficult environment with worldwide production overcapacity and extremely low prices with which hardly any su...

Suedzucker reported a 49 percent drop in first-quarter operating profit which Europe’s largest sugar refiner blamed on a slump in prices. It is reported by Reuters. Operating profit for the March-May quarter fell to 78 million euros ($91,14 million) from 153 million a year earlier. Sales fell to 1,741 billion euros from 1,783 billion...

The European Commission has cut its forecast for sugar production in the European Union in 2018/19 to 20,1 million tonnes from a previous projection of 20,4 million tonnes. It is reported by Reuters. «Planting for the 2018/19 sugar marketing year was delayed in many countries due to wet and cold weather in March, — the Commission said in its summer 20...

Brazil's Copersucar, the world's largest sugar and ethanol seller, expects smaller sugar production in the Brazilian center-south region in the current season due to ageing cane fields and drier weather and sees a more positive outlook for sugar prices.  It is reported by Reuters. Copersucar expects total sugar production in the center-south in 2018/19 to be 28 million tonnes versus 36 million tonnes in the previous crop, company Chief Execut...

Biosev SA, the Brazilian sugar and ethanol company controlled by commodities trader Louis Dreyfus, posted a net loss of 1,27 billion reais ($341,73 million) in the 2017-18 cane crop season. It is reported by Reuters. The net loss widened sharply from a loss of 600 million reais in the previous crop. This is the first earnings report Biosev has released since closing two deals that boo...

Brazilian sugar producers say their operations have been affected by nationwide truckers protests against high diesel prices that entered a third day on Wednesday, industry groups said on Wednesday. It is reported by Reuters. Cane industry group Unica said some sugar mills in the country’s center-south region reduced cane harvesting this week due to short diesel fuel supplies. Unica a...

Brazil's center-south, the world's largest sugar producing region, is likely to have less cane to process this year than previously expected due to a prolonged period without widespread rains. It is reported by Reuters. Sao Paulo-based Archer Consulting revised its center-south 2018/19 cane crop projection to 563 million tonnes, compared to 580 million tonnes expected previously, citing...