News

During the period from November 26 to 30, «Astarta» agri-industrial holding bought up 6,21 thousand of its own shares on the stock exchange. It is stated in a message of the company on the Warsaw Stock Exchange. The average price of the stock was PLN28,51 ($7,58).  On September 3-7, 2018 «Starta» bought 4,4...

Brazilian sugar companies are increasing their capacity to produce ethanol in the face of depressed global sugar prices and government policies expected to boost demand for the biofuel. It is reported by Reuters. A shift to ethanol in the 2018-19 season slashed Brazil’s sugar output by 9 million tonnes to a 12-year low and more switching to the biofuel next season could help...

India’s biggest sugar producing state, Uttar Pradesh, will keep prices that mills must pay to cane growers on hold in the current season. It is reported by Reuters. In India, the world’s biggest sugar consumer, the federal government fixes the price that cane growers receive each year, but Uttar Pradesh’s state government...

According to the National Association of Sugar Producers of Ukraine, sugar and other consumer goods arriving in Uzbekistan are not unloaded and not demolished at the moment. This situation has arisen in connection with the ban on accepting supplies from Ukraine. «Such a sudden stop leads to non-fulfillment of concluded earlier contacts conditions. And given...

On November 23, Cygnet successfully completed harvesting season and received high yields of all cultivated crops. The press-service of the company reports. Despite the hot and dry weather conditions, the company managed to get high yields of all cultivated crops, such as corn, soybeans, sugar be...

Each sugar beet harvesting and sugar production season has its own characteristics. In spite of everything, Gnidava Sugar Refinery always plans its work for the coming season. It is noted by the deputy head of the company Oleksandr Nikishyn, the press service of the company reports. «This spring was dry, and the ladders were liquefied, so it was forecasted&nbs...

Mexican sugar production for the 2018-19 crop year has begun, with the country producing 3,417 mt of sugar through November 10, according to data from the Mexican Agricultural Secretariat, SAGARPA. It is reported by «Sugar Journal». The amount represents an increase of 1,895 mt from 2017-18 levels, but is below initial estimates of 24,699 mt of sugar to be produced by November 10,...

Egypt and China signed on Monday 26/11/2018 a memorandum of understanding on rules to export sugar beet waste to the Asian country. It is reported by Egypt State Information Service.  The document was inked by Egypt's Deputy Agriculture Minister Mona Mehrez and China's Deputy Customs Commissioner-General. Minist...

Biosev SA (BSEV3.SA), the sugar and ethanol maker controlled by trading firm Louis Dreyfus Co, has hired an investment bank to seek potential buyers for some or all of its plants in Brazil, a source familiar with the plans told. It is reported by Reuters. Biosev has retained the local unit of Dutch bank Rabobank to explore opportunities for its nine production units in Brazil’s center-south region, the country’...