World news

Brazilian sugarcane producers are expected to keep favoring sugar production over ethanol in the 2023-24 Center-South crop that is expected to start in mid-March 2023, 15 days earlier than usual as wet weather in 2022 kept producers from crushing all the sugarcane available. It is reported by S&P Global Platts. In contrast to the severe dry weather that lowered sugarcane crushing in the 2021-22 CS crop that ended in April, the high volumes of rains in the main prod...

While India is making a push for ethanol-blended petrol, by incentivizing sugarcane-derived ethanol, concerns remain about the water-guzzling nature of the sugarcane and fair remuneration for farmers. Itis reported by finance.yahoo. On Nov. 2, the center, as part of its ethanol blending programme (EBP), approved a higher price for ethanol that is derived from different sugarcane-b...

The recent freezing temperatures has increased the risk of frost damage to sugar beet, with a rising number of cases of damage being reported. It is reported by farminguk. Extremely cold weather followed by sudden thaws could cause the deterioration of roots, the British Beet Research Organisation (BBRO) warns in new guidance. The...

The year-on-year sugar production of India till December 15 at 8,21 mln tonnes is higher by 5.1% over previous year, said industry body Indian Sugar Mills Association (ISMA). It is reported by economictimes. The sugar till December 15 in 2022-23 sugar season is 8,21 mln tonnes, against 7,79 mln tonnes produced during the corresponding period of previous y...

Indonesia's energy ministry plans to start rolling out a 5% ethanol blend of fuel made using sugarcane in three years time, starting with a few provinces of the country, it said in a statement on Wednesday. It is reported by Reuters. Under a new roadmap, which was developed with the Bandung Institute of Technology, the introduction of bioethanol fuel could begin by mixing 5% sugar-based ethanol with P...

Most mills in Brazil's main centre-south sugarcane region are ending cane crushing for the season, leaving millions of tonnes of cane in the fields to be harvested next year, as rains make harvesting operations difficult and inefficient. It is reported by Nasdaq. Analysts and brokers believe the Brazilian sugar season has basically ended despite previous expectation that mills would go on for longer into December to try to crush av...

French sugar group Tereos reported strong first-half results on Tuesday, including a net profit and a sharp rise in earnings, as high sugar and ethanol prices helped offset an increase in production costs. It is reported by Reuters. Tereos, the world's second largest sugar maker by volume, posted a net profit of 133 million euros in the year to Sept. 30, compared with a year-earlier loss of 50 mi...

The government is considering allowing mills to ship out half-a-million of sugar instead of the one million tonnes demanded by the Pakistan Sugar Mill Association (PSMA), industry officials said. It is reported by thenews.com.pk. They said that the government was ready to give permission for exporting 500,000 tonnes of sugar to earn $250 million. At the same time, the government planne...

India's sugar output is likely to fall 7% this year as erratic weather conditions have cut cane yields, which could dampen exports from the world's biggest producer of the sweetener, farmers, millers and traders said. It is reported by Reuters. Lower sugar exports from India, also the world's second biggest exporter, could lift global prices , and allow rivals Brazil and Thailand to increase their shipments....

Sugar prices have recently witnessed a record rise in Egypt despite the country’s opening of the largest sugar production plant earlier this year. It is reported by al-monitor. The Egyptian market is currently witnessing an unprecedented rise in the price of white sugar, as the price of 1 ton of white sugar reached 16,750 Egyptian pounds ($68...