World news

Egypt’s Canal Sugar will produce 400,000 tonnes a year of white sugar when it starts production in the 2021 season, the chief executive said on Monday. It is reported by Reuters. Construction of the company’s sugar beet factory will be completed this year and the project will reach full capacity of 900,000 tonnes of white sugar a year in 202...

Chinese commodities trader COFCO said on Monday it did not predict a recovery in Thailand’s sugar crop any time soon. It is reported by Reuters. COFCO’s Managing Director Softs Marcelo de Andrade made his comments during a panel discussion at an industry conference in Dubai. Thailand’s sugar product...

In 2019/2020, sugar refineries of «RusAgro» operated for up to 156 days and produced 882,6 thousand tonnes of sugar. Output has increased by 17% in comparison to the previous season. It is reported by press-service of the company. Sugar production season started on August 25, 2019 and ended on February 3, 2020. During the season «RusAgro» processed 6,1 mil...

Indian mills produced 14,1 million tonnes of sugar between Oct. 1 and Jan. 31, down nearly 24% from a year earlier, as some mills were forced to stop cane crushing early due to limited supplies, the Indian Sugar Mills Association (ISMA) said. It is reported by Reuters. The country is the world’s biggest sugar producer and lower output could support global prices,. By the end of January, 446 sugar mills were crushing sugar cane,...

India’s sugar production could fall nearly 18% in 2019/2020 as a drought followed by floods is expected to curtail output in the country’s second-biggest producing state, the All India Sugar Trade Association (AISTA) said on Friday. It is reported by Reuters. The lower output could help India reduce stockpiles swelled by two years of record production and lower-than-expected exports. India is the world’s largest producer...

Indonesia’s white sugar output in 2019 stood at 2,23 million tonnes, up 3% from 2018, Kasdi Subagyono, the director general of plantations at the agriculture ministry, told on Friday. It is reported by Reuters. Last year’s white sugar output of 2,23 million tonnes increased from 2,17 million tonnes in 2018, but missed a target of 2,45 million tonnes. In 2019, Indonesia...

Thailand’s sugar production in 2019-20 is likely to fall 28% to 10,5 million tonnes from a year earlier, the lowest in nine years, as drought curtailed cane production, head of a leading trade body said on Friday. It is reported by Reuters. The lower production will limit exports from the world’s second biggest exporter and support prices trading near their highest level in 2-1/2 years. Thailand cou...

Indian mills produced 10,9 million tonnes of sugar between Oct. 1 and Jan. 15, down 26% from a year earlier, due to lower production in the drought-hit western state of Maharashtra, the Indian Sugar Mills Association (ISMA) said on Friday. It is reported by Reuters. The country is the world’s biggest sugar producer and lower output could support global prices. Mills in Maharashtra have produced 2,55 million tonnes of sugar,...

S&P Global Platts Analytics forecasts total 2019-20 EU sugar production will be down 443,000 mt on the year at 17.488 million mt as a result of dry conditions early in the season and heavy rainfall late in the season, meaning beet yields did not offset a reduced planted area in the main producing countries of France and Germany. It is reported by press-service of S&P Global Platts. British Sugar owner AB Sugar said Thursday higher beet yields would offset a drop in planted area in the UK and take 2019-20 (October-...

The U.S. Department of Agriculture on Friday set closely-watched sugar stocks-to-use ratio for 2019-20 at 12,7%, down from 13,5% in the previous month's report. It is reported by Successful Farming. At the same time, the USDA left the 2018-19 sugar stocks-to-use ratio unchanged at 14,5%. In its monthly report, the agency forecast U.S. production in 2019...