World news

China production is up 400,000 tonnes to 10.0 million with rising cane sugar and beet sugar production. It is reported by USDA in its May report. This assumes favorable weather and that beet mill incentives are successful at keeping farmers planting sugarbeets. Consumptionis expected to rise...

India production is forecast to decline 3% — to 35.8 million tonnes as less sugarcane is processed for sugar. It is reported by USDA in its May report. Consumption is anticipated at a record high with the expectation of continued favorable retail and institutional sugar demand. Imports are unchange...

Brazil production is forecast up 1.0 million tonnes — to 36.4 million tonnes as higher sugarcane yields from favorable weather are expected to result in additional sugarcane available for crushing. It is reported by USDA in its May report. Harvested area is lowered as marginal sugarcane areas switch to soybeans and corn. The sugar/ethanol production mix is expected to be unchanged rel...

European Union production is forecast down 250,000 tonnes — to 16.3 million. It is reported by USDA in its May report. The decline in production should be due to the fact that farmers reduce sugar beet plantings in favor of more profitable crops like corn. Cons...

Global sugar production is forecast up 1.7 million tonnes — to 182.9 million tonnes as higher production in Brazil, China, and Russia is expected to more than offset declines in India and Ukraine. It is reported by USDA in its May report. Consumption is anticipated to rise to a new record due to growth in markets including China, India, Indonesia, and Russia. Exports are projected down as...

Sugar production in India, the world’s largest producer and second-largest exporter, rose 15 per cent to a record 35.24 million tonne till May 30 in the ongoing 2021-22 marketing year on higher output in Maharashtra and Karnataka, according to the data released by cooperative body NFCSFL on Tuesday. It is reported by Financial Express. Sugar production stood at 30.63 million tonne in the year-ago period. The sugar marketing year runs from October to September. The sugar output achieved so f...

A presidential decree published in the Official Gazette has paved the way for the import of 400,000 tons of sugar at a time when sugar price in the domestic market is rising. It is reported by Daily News. The decree stipulates that no customs duties will be levied on the 400,000 tons of sugar to be imported and that import licenses, which will be granted under the new d...

India plans to restrict sugar exports for the first time in six years to prevent a surge in domestic prices, potentially capping this season's exports at 10 million tonnes. It is reported by Reuters. India is the world's biggest sugar producer and the second biggest exporter behind Brazil. Reuters in March reported that India was planning to curb sugar exports...

India has exported 7,5 mln tonnes of sugar till May 18 in the current marketing year ending September, the Food Ministry said on Thursday. It is reported by Financial Express. «Export of sugar in current sugar season 2021-22 is 15 times of export as compared to export in sugar season 2017-18», — the ministry sai...

Brazilian sugar cane mills are cancelling some sugar export contracts and diverting production to ethanol to cash in on high energy prices, according to people with direct knowledge of the deals, raising concerns of a sugar shortage. It is reported by Hellenic Shipping News. Nearly every company involved in sugar trading in Brazil has seen cancellations, a trader at a large international commodities merchant told Reuters on the...