World news

Low sugar prices in 2017 due to surplus production will dent profits, resulting in reduced sugar beet acreage in 2018 in Kuban region.  It is reported by Delovata Gazeta. According to Kubansakharprom Association, sugar output so far has increased by 240,000 tonnes to 1 million and is expected to hit 1,5 million tonnes by the e...

Pakistan sugar production is forecast at a record 6,5 million tonnes for MY 2017/18, up six percent from the initial forecast of 6 million tonnes due to an increase in area, better cane yields, and improved sugar recovery rates. It is reported by Reuters. Record production is expected in the face of record stocks and is likely to present a challenge for the industry if it is unable to export. While the government did not a...

In Australia heavy rains have brought crushing at five Mackay region sugar mills to a halt as growers struggle to harvest. It is reported by Daily Mercury. Widespread coastal rain has severely limited harvesting operations and all of Wilmar Sugar's eight mills had run out of cane to crush by lunchtime. Cane...

On 11 October, the wholesale price of sugar in the southern Federal district made up of 24,48 RUB for kg with the VAT. This is 28% below the level of the beginning of the year (34 RUB per kg). When compared with the end of June, when the figure reached to 42?5 RUB per kg, sugar became cheaper by 1,7 times. «Agroinvestor» writes about it. In January-August the production of sugar in Russia in comparison with the same period in 2016 increased by 37,5% — to 1,14 million tonnes. In part...

Suedzucker, Europe’s largest sugar refiner, said high revenues in its sugar and biofuels sectors helped propel a strong rise in second quarter earnings, and the company remained optimistic as the European Union’s liberalized sugar market starts. It is reported be Reuters. Suedzucker confirmed its previous forecast for group operating result in its current 2017/18 financial year of 425 to 500 million euros ($ 505-594 million) against 426 mi...

In the second half of September in Brazil's Center-South region the volume of sugarcane crushed would be down 8.6% from two weeks prior, when 45,44 million tonnes were crushed. It is reported by S&P Global Platts. The amount of sugarcane crushed in Brazil's key Center-South region is expected to total 41,55 million tonnes, down 2,3% year on year. Despite l...

In Zambia, the 2016/17 crop year will end with a 6% drop in sugar production. According to the forecasts of the US Department of Agriculture (USDA), Zambia will produce about 388,405 tonnes of sugar compared to 411,279 tonnes last year. Brussels Office Weblog reports about it. This slight contraction in volume is due to a deterioration in the quality of sugar cane, as well as a reduction in the quantity of sugar cane transported t...

In 2017/18 in Australia the harvested area for sugar cane is revised down to 400,000 hectares, due to the lower price and competition from other crops. It is reported by Reuters. Australian sugar cane crush for 2017/18 is forecast at 34 million MT, up 6%. Sugar production is forecast at 4,8 million tonnes, the same as the official forecast. E...

Egypt's sugar reserves are at four and a half months, Egypt's Supply Minister Ali Moselhy said on Tuesday. It is reported by Reuters.  He said the reserves were enough to last until local sugar production starts in January. "We have more than is required, — he said, — We ar...

China’s sugar imports in August fell 45,4% from a year earlier to 200,000 tonnes, data from China’s General Administration of Customs. It is reported by Reuters. In January to August period, sugar imports fell 20,8% from a year earlier — to 1,67 million tonnes. Sugar import continues falling after th...