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German Pfeifer & Langen buys the sixth sugar factory in Ukraine

The Antimonopoly Committee of Ukraine has started consideration of the case of concentration in form of acquisition by «Radehivskyi Sugar» LLC of the assets of «Gnidava Sugar Refinery» private joint-stock company, which ensure the implementation of white (beet) sugar production. It is reported by press service of AMCU. The owner of «Radehivskyi Sugar» LLC is German company Pfeifer & Langen. It also owns four sugar factories in Ternopil region...

 
Brazil sugarcane crushing hits record level

Sugarcane crushing and sugar production in Brazil's center-south jumped in the second half of July to levels higher than the already optimistic ones estimated by market analysts as dry weather favors field work in the country's main sugar belt. It is reported by Nasdaq. Data provided by industry group UNICA showed on Thursday that 52.96 million metric tons of sugarcane were crushed in the period, up 7.8% from a year ago and...

 
Brazil's sugarcane crush to reach record volumes

Sugarcane processing in late July, as well as in early August, in Brazil's main sugar belt is expected to have reached record or near-record volumes as the weather remains mostly dry, favoring field work, according to analysts. It is reported by Nasdaq. Brazil's sugar industry group Unica will release production numbers for the second half of July on Thursday at 10h New York time. A survey by financial data provide...

 
Global sugar production will be smaller than expected consumption

Global sugar production will be smaller than the expected consumption for a second straight season in 2023/24 (October-September) as near-record Brazilian output will not be enough to offset reductions in other regions, analysts said on Monday. It is reported by Nasdaq. Sugar consulting firm CovrigAnalytics said in a report that it expects a global supply deficit of 2.2 million metric tons (MMT) in 2023/24, while broker and supply chain s...

 
Brazil sugar production up 8.9%

Brazil's center-south sugar production rose 8.9% in the first half of July when compared with a year earlier, totaling 3.24 million metric tons, data from industry group UNICA showed on Tuesday. It is reported by Nasdaq. UNICA said in a report that 48.37 million tons of sugarcane were crushed in the period, up 4.2% from a year ago, while ethanol production totaled 2.26 billion liters, a 1....


«Astarta» supplied 50,000 tonnes of sugar to European market

During 2022/2023 marketing year, in conditions of limited logistics capabilities, «Astarta» supplied 50,000 tonnes of sugar to European market, maintaining its leading position among Ukrainian exporters. It is reported by press center of the company. «Due to a well-built reputation, transparency and sustainability of business, we were ready to integrate into European market with both our...

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