News

Bunge Limited announced it has completed the sale of its international sugar trading operations to Wilmar Sugar Pte. Ltd. It is reported by Bunge. Financial terms were not disclosed. Bunge has been negotiating about the sale of sugar assets in Asia. The expected deal will provide Wilmar access to the Thailand marke...

The Minnesota sugar beet crop is expected to be smaller this year, due to the long winter and rainy start to the summer. It is reported by StarTribune. Yield forecasts are down more than a ton per acre — a decline of about 4 percent, according to the U.S. Department of Agriculture — as farmers gear up for...

Gnidava Sugar Refinery carries out sugar beet audit and expects to process more than 500 thousand tonnes of beet. It is announced by the deputy chief executive on raw materials of Gnidava sugar refinery Oleksandr Nikishyn, the press-service of the company reports. He says that such sugar beet&nb...

Over 400,000 tonnes of cane have so far been crushed by the three sugar mills. It is reported by FBC. Fiji Sugar Corporation Chief operating officer, Navin Chandra says that this has produced over 40,000 tonnes of sugar. Chandra says they are happy with how things have pro...

Within  the framework of «Sugar Trade and Export 2018» Conference, which will be held on August 30 in Kyiv, the head of the analytical service «Sucden» (CIS) Maryna Sidak will comment the situation on the sugar market in the CIS countries. According to her forecasts, in MY 2018/2019, global sugar production will return to the annual average level, and Brazil will switch to ethanol: «World sugar production will drop...

According to the results of the first half of 2018, «Astarta» sugar segment generated revenues of EUR 67,5 million, which is leading contribution to the group’s total revenues (39%). It is stated in the report of the company. Consolidated revenues stood at EUR 175 million (-30% y-o-y) on the correction of sugar price, decreased sales volumes and a volatile performance of the EU...

This season sugar beet production in Vinnytsia region is forecasted to increase by 10-15%, as compared to the last year's figures. It is reported by «Golos Ukrainy». Heavy rains in Vinnytsia region at the end of July - in early August added weight to beet roots, but reduced sugar content in it. During the f...

Gnidava Sugar Refinery continues production modernization. The establishment of «Babbini» pulp presses is at the final stage. The equipment is intended for pulp spinning after diffusion. The press-service of the company reports. If we talk about the future, the developments in the concept of drying pulp have currently been discussing. The company is negotiating with ...

Mexico’s government said on Wednesday it has set a sugar export quota to the United States of 750,876.9 tonnes for the cycle that runs from Oct. 1, 2018 to Sept. 30, 2019. It is reported by Reuters. Mexico is the top foreign sugar supplier to the United States, a coveted 12 million-tonn market where the U.S. government doles out export quotas to about 40 sugar-p...

South Africa has raised import duties on sugar to $680 from $566 a tonne to protect the domestic industry against a surge in imports, the trade and industry minister said on Wednesday. It is reported by Reuters. The South African Sugar Association applied in February to have the tariff raised to $856 a tonne, but the International Trade Administration Commission of South Africa (...