News

Aviva Santander (Poland) Opened Pension Fund informed Astarta Holding NV about the sale of its stake in the company. It is reported on the Warsaw Stock Exchange. Aviva's share dropped below 3%. Before this agreement, as of July 9, 2019, Aviva OFE owned 786 106 shares in the company, representing 3,14%...

The Fiji Sugar Corporation has crushed nearly 150,000 tonnes of cane at its Lautoka and Labasa mills. It is reported by FSC news. With mechanical stops to date, it has lowered by 40 percent than last year. FSC Chief Executive Officer, Graham Clark says their sugar recovery results were also impr...

Thailand is expected to produce around 13 million tonnes of sugar in the upcoming growing season, down 7% from a year earlier, the country’s cane and sugar body said on Tuesday. It is reported by Reuters. «Scant rainfall and decreased acreage in the world’s second-largest sugar exporter would cut cane output in the 2019/20 season, which begins around November,...

In June of the current marketing year, Ukrainian producers exported 24,8 thousand tonnes of sugar or 40% less than in May. «Azerbaijan remained the main importer of Ukrainian sugar, but Libya competed with it, accounting for 28% of the total export volumes. Also, significant deliveries were made to Georgia and Tajik...

India’s sugar production could fall by 18% in 2019/20 as last year’s drought forced farmers to curtail their sugar cane plantings while lower monsoon rains this year are limiting the crop’s growth, a senior industry official said. It is reported by Reuters. The lower production could help India to reduced stockpiles that have risen because of two years of record production and lower-than-expected exports. India is the world&...

India’s sugar production is estimated to decline 14 per cent to 28,2 million tonnes in the next marketing year starting October, mainly due to fall in sugarcane acreage due to less rains in states like Maharashtra and Karnataka, according to industry body ISMA. It is reported by Telangana Today. Sugar output is likely to be at 32,95 million tonnes in the current 2018/2019 marketing year (October-September), Indian Sugar Mills Association (ISMA) said in a...

Bunge Açúcar & Bioenergia, the Brazilian sugar unit of commodities trader Bunge Ltd, posted in May and June some of its best results yet for cane crushing volumes, the company said on Thursday. It is reported by Reuters. Bunge said its eight mills operating in Brazil crushed 2,65 million tonnes of cane in May, the largest amount of cane processing reported by the Brazilian sugar unit sinc...

India had its driest June in five years due to a delay in monsoon rains, the weather department said late on Sunday, raising fears for crops and the broader economy. It is reported by Reuters. Overall, rains were a third below average, although in some states, including the sugar cane growing northern state of Uttar Pradesh, they were as much as 61 percent down...

The construction of the first in Khmelnytsk region sugar beet dry transportation unit is almost half completed. It is announced by the company on its Facebook page. The planned modernization of «Starokostiantynivtsukor» LLC is completed by 45%. In particular, metal constructions for...

In 2019, «Gals Agro» plans to put into operation the fourth biogas complex.  «Agrarian Elite of Ukraine» magazine reports about it. By the end of this year, the company plans to generate 7 MW of electricity. Such direction of activity as an alternative energy...