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Gnidava Sugar Refinery carries out sugar beet crops audit

Gnidava Sugar Refinery audits sugar beet crops and forecasts the croppage and processing of 500 thousand tonnes of beets.  Deputy Chairman of the Board of Gnidava Sugar Refinery on the raw materials, Oleksandr Nikishyn, commentes, the press service of the company reports.  The company said that...


«Astarta» reduced its sugar segment revenues

For the six months of 2019, «Astarta» sugar revenues were down by 1/5 — to EUR55 million. It is reported by press center of the company. Sugar revenues were down by 1/5 — to EUR55 million as the Company reduced sugar output and sales (153k tonnes in the first half of 201...

 
Philippines increases need for sugar imports

In 2019/2020 MY, the Philippines sugar production will continue to decline and consumption will increase, so the need for sugar imports will increase. Local raw sugar production slightly declined last month to 2,07 million tonnes, but still within the target set by the Sugar Regulatory Administration. While local sugar supply has met industry tar...


In Volyn region two sugar refineries will be in operation during 2019 "beet" season

The sugar beet harvesting season will start in early September, and in Volyn region two sugar refineries will be in operation — Maryanivskyi and Gnidava Sugar Refineries. Ivanychy Sugar Refinery, which is the third refinery in the region, will not be engaged in processing of raw materials, it will receive beets for their further delivering to another enterprise. The director of the regional department of agro-industrial development Yuriy Gorbenko announced it during an operational meeting on August 7, VolynPost reported. «It is known that Maryanivsky...


«A'SPIK GROUP» exported 3,000 tonnes of granulated beet pulp

In 2018, «A'SPIK GROUP» exported 3,000 tonnes of granulated beet pulp. It is reported by the company on its Facebook page. The corporation informs that, although pulp is not the main product, it is a by-product of sugar production and one of the mo...

 
Brazilian mills slash sugar hedging to lowest level in eight years — Archer Consulting

Brazilian sugar producers have hedged only 58% of their expected exports in the current season, the lowest level in eight years, as low prices reduce the use of futures contracts by mills as a way to guarantee future revenue. It is reported by Nasdaq. According to a report released on Wednesday by Brazil-based Archer Consulting, Brazilian sugar companies have sold forward in New York's ICE the equivalent of around 1...


Lower production expected to tighten global sugar supply — ISO

World sugar supplies are expected to tighten as production declines in 2019-20, but large stocks and indications of declining demand growth may limit recovery in a market battered by low prices, said Jose Orive, executive director of the International Sugar Organization. It is reported by BakingBusiness. «World sugar prices have hit bottom, and signs are pointing to a recovery», — Mr. Orive said Aug. 5 on a panel at the 36th annual International S...


Ex-factory prices for sugar will increase by 18%

In 2019/2020 MY, ex-factory prices for sugar will increase by 18% — up to 13 thousand UAH per tonn due to the sugar output decline. According to «Ukrsugar» Association forecast for 2019/2020 MY, sugar production will amount to 1,1-1,2 million tonnes, which is more than a third less than the previous crop...

 
In United Kingdom sugar beet producers may quit crop after neonicotinoid ban

With yields plunging, sugar beet growers in United Kingdom may discontinue growing crop in wake of neonicotinoid insecticide ban. It is reported by geneticliteracyproject. Sugar beet is a crop that has always demanded close attention to grow well, but Norfolk grower Mark Means has taken that meaning to a whole new level....


Green Pool raises 2019/20 global sugar deficit forecast

Analyst Green Pool has raised its forecast for an anticipated global sugar deficit in the 2019/20 season to 3,67 million tonnes from a previous projection of 1,62 million tonnes. It is reported by Reuters. The Australia-based analyst said on Friday that the main changes to its balance sheet were reductions in crop forecasts for Centre-South Brazil and India. Sugar produc...

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