News

The Acting Chairman of the National Association of Sugar Producers of Ukraine «Ukrsugar» Nazar Mykhailovin told «Interfax-Ukraine» how 2023 spring forecasts regarding the sugar beet sown area, the readiness of sugar factories for the sugar production season and sugar export potential came true. Forecasts in the current year not only came true, but also exceeded expectations. If on the eve of the sowing campaign we expected 239,000 ha of sugar beet sowing area, now, according to the Ministry...

White sugar prices on ICE rose to a 12-year high on Wednesday, buoyed by the prospect of tightening supplies as dry weather threatens to curb production in India and Thailand. It is reported by Nasdaq. India is on track for its lowest monsoon rains in eight years and is expected to ban mills from exporting sugar in the coming season starting in Octobe...

Astarta's sugar production segment showed a robust performance in 1H23, with revenues boosted by 39% y-o-y to EUR86m. More robust results reflected 25% y-o-y higher sugar sales volumes of 120kt and a 13% y-o-y higher selling price of EUR693/t It is reported by the company in its report. Exports of sugar and sugar-by products contributed 26% of segment revenues in 1H23 vs. 5% in 1H22. The Ukrainian government suspended white sugar exp...

Ukraine began new 2023/2024 season of harvesting and processing sugar beets. According to official data, two sugar factories started sugar beet processing. One of them is located in Vinnytsia region, and the other — in Cherkasy region.

British Sugar has announced this autumn's factory start dates for its 2023/24 sugar beet processing campaign. It is reported by Eastern Daily Press. The Bury St Edmunds site in Suffolk will be the first of the company's four factories to open for deliveries from East Anglia's sugar beet grower...

Sugar group Tereos has agreed to sell a factory site in northern France to fries maker Agristo following its announcement in March that it would end sugar production there, France's industry ministry said on Monday. It is reported by Reuters. Belgian firm Agristo plans to invest around 350 million euros ($378.4 million) to develop a new factory for potato-based products to replace the existing sugar processing...

India will decide on sugar exports for the 2023/24 season once firm estimates of total sugar cane production become available, the government said on Thursday. It is reported by Nasdaq. "Government's priority is to ensure sufficient availability of sugar for consumption, ethanol production and maintaining closing stocks of 6 million tonnes for 20...

Brazil's center-south sugar production rose 31.2% in the first half of August when compared with a year earlier, totaling 3.46 million metric tons, data from industry group UNICA showed on Thursday. It is reported by Nasdaq. UNICA said in a report that 47.87 million tons of sugarcane were crushed in the period, up 23.4% from a year ago, despite some time lost due to unfavorable weath...

India may ban sugar exports for the next season starting in October due to diminished cane yields caused by insufficient rainfall, reported news agency Reuters citing three government sources. This anticipated move follows a lack of rain impacting top cane-producing areas, with monsoon rains in Maharashtra and Karnataka being up to 50 per cent below average. A ban on Indian sugar exports...