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.

In February Ukrainian producers exported 40,9 thousand tonnes of sugar, which is 47% less than previous month. «Foreign market sales weakened due to unfavorable conditions: low prices and global profit. Therefore, export supplies in comparison with January almost twice decreased. The largest shipmen...

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...

Last year «Cygnet» agroholding increased its sugar production by 5,4% — to 33 thousand tonnes. The press-service of the company reports about it. The company made a new record, processing 232,5 thousand tonnes of sugar beet. In 2017, «Cygnet» invested more than USD 2...

The 2-nd International Congress «Sugar World 2018» took place in the capital of Ukraine on March 1, bringing together about 450 sugar beet producers and processors, international experts and representatives of commercial companies. The event was focused on the technological aspects of efficient sugar beet cultivation and high-quality sugar production. «Ukrainian sugar industry has a huge potential, we can compete with global players. At present, 8-9 tonnes of sugar per hectare is the normal real result for Ukraine. But, we need more high-qual...

Sugar industry can generate additional profits. So, in Ukraine, as well as in the world, bioenergy production is gaining in popularity. «In Ukraine about 11% of biomass is used for bioenergy production. As for the sugar beet pulp, it is only 4% of the potential», — commented Oleksandr Nikolayenko, the head of th...

Ukrainian sugar industry is a self-sufficient sector, which only last year paid 3,1 billion UAH of taxes. It was emphasized by Andriy Dykun, the head of «Ukrsugar» during the 2-nd International Congress Sugar World 2018. «Sugar industry provides work for 85 thousand people. Last year, sugar production amounted to 2,1 million tonnes. At the same time, Ukraine became an export "breakthrough" for the worl...

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.

In MY 2017/2018, Ukraine produced 2,14 million tonnes of sugar, which is 6,5% more than last year's 2,01 million tonnes. Growth in production is associated with an increase in beet grown area and the launch of 4 more sugar refineries. «The production season is completed. 46 sugar refineries produced 2,14 m...

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...