World news

Iranian state purchasing agency the Government Trading Corporation of Iran (GTC) has issued a new international tender to buy 60,000 tonnes of raw sugar, European traders said. It is reported by Reuters. The tender closes on April 17. Shipment is sought in June. The GTC reserves the right to purchase 10 percent more or less than the tender volume.

Brazil’s Copersucar, the world’s largest sugar merchant, expects sugar output to fall by 5 million tonnes in the new center-south cane crop that starts in April, as mills earmark more cane to ethanol production instead. It is reported by Reuters. Copersucar, who partners with Cargill Inc in the world’s largest sugar trader Alvean, said mills in center-south should allocate only 41,5 percent of cane to sugar...

Turkey will hold tenders in April for the privatisation of 14 sugar refineries. It is reported by Reuters. It also said that the transport ministry would hold a build-operate-transfer tender on June 21 for a highway between Aydin and Denizli in western Turkey.

There is a need to clearly determine the raw sugar beet growing zones, Belarus President Alexander Lukashenko noted. It is reported by BELTA. The head of state suggested cultivating sugar beet in the places that can ensure high profitability, where companies will be interested in the sugar beet production. Las...

Ministry of Agricultural Development of Nepal (MoAD) has projected a further drop in the production of sugarcane in the ongoing fiscal year. It is reported by The Himalayan. Ministry officials have said that production of the crop is certain to be below the previous fiscal year’s production of 2,6 million tonnes. Sugarcane prod...

An Ethiopian government body is tendering to buy up to 100,000 tonnes of white cane sugar, traders said. It is reported by Reuters. The closing date for the tender is March 20. It is sought for June, July and August delivery. Up to ten percent more or less than the 100,000 tonnes could be bought....

Bundaberg cane farmers are excited following the signing of the Peru-Australia Free Trade Agreement that will initially see 30,000 tonnes of sugar exported from Australia to Peru. It is reported by NewsMail. PAFTA will eliminate 99.4 percent of tariffs that exporters face into Peru, putting our farmers on equal footing with foreign competitors. Under the agreement, Austra...

Iran plans to supply 2,305 million tonnes of various fertilizers during the current fiscal year, started March 2017. It is reported by trend.az. According to the Iranian officials, the figure will include 1.,5 million tonnes of nitrogen, 525,000 tonnes of potassium and 280,000 tonnes of phosphorus fertilizers....

IN an Australian first, Bundaberg Sugar is growing and processing organic raw sugar after achieving Australian Certified Organic (ACO) status. It is reported by NewsMail. Chief Executive Officer Guy Basile said interest from retailers and manufacturers has prompted Bundaberg Sugar to grow organic sugar cane on its company farms and proces...

Kenya's sugar imports increased by 196% in 2017 compared with the previous year as traders rushed to ship in duty-free commodity to bridge a local deficit. It is reported by AsokoInsight. The volumes shipped into the country nearly tripled from 334,109 tonnes in 2016 to 989,619 tonnes. The bulk of the sugar imports was brown/mill white type (table...