News

Chinese sugar imports will remain low and sharply below last year's levels, despite the recent weakness in raw sugar futures, as the sweetener's prices in China fall and ocean freight stays expensive, sugar consultancy CovrigAnalytics said on Tuesday. It is reported by Reuters. «The drop in Chinese domestic prices is not surprising as domestic production is picking up and on a seasonal basis shall reach a peak by the end of January»,...

Indian sugar mills have produced 11.56 million tonnes of sugar in the first three months of 2021/22 marketing year, up nearly 4.3% from the same period a year earlier, a trade body said. It is reported by Nasdaq. India is the world's second-biggest sugar producer and the higher output could weigh on global prices. Sugar mills have so far contracted to export about 4 million...

French sugar and ethanol group Tereos said on Monday its subsidiary Tereos Finance Groupe I intended to issue 300 million euros ($340.17 million) in senior unsecured notes, subject to market conditions, to repay some of its existing debt. It is reported by Reuters. The bond would be due in 2027, it said in a financial release posted on its website. The group had already issued similar notes in October 2020, due in 2025. Tereos, t...

According to the estimation of «Ukrsugar» Association, in 2021/2022 MY, Ukrainian sugar production will fully cover the domestic market needs. In 2021, in Ukraine the total sugar beet sown area amounted to 226,6 thousand hectares — 20 thousand hectares more than the previous year. In addition, the weather was good, enough moisture...

If the production at Gnidava Sugar Refinery had not been diversified, the season could not have started. Vasyl Mukha, the director of Gnidava Sugar Refinery, told it, press service of the company reported. «Due to the fact that important management decisions were made in time, the prod...

Sugar plants of «Radekhivskyi Sugar» LLC completed 2021 sugar beet processing season. It is reported by press service of the company. On December 28, 2021, the last refinery of «Radekhivskyi Sugar» LLC completed its current production activities. Despite a r...

Sugar-refining season 2021/2022 MY officially started on August, 21, 2021. August 21 — «Panda» LLC («Selyshche Sugar Refinery» OJSC) September 1 — «Zoria Podillia» Foods Company» LLC (Gaisin Sugar Refinery)...

The 2021 sugar beet processing season was not easy, but thanks to the efforts of the entire team of Gnidava Sugar Refinery, it was successful. It is reported by press service of the company. «In fact, our company began sugar production on May 13, when the first batch of sugar cane entered the refinery and the season l...

Sugar factories of Poltava region produced 170 thousand tonnes of sugar since the beginning of sugar-refining season, which started on September 16. It is reported by press service of Department of Agricultural Development of Poltava Regional State Administration. This year, four sugar factories operated in the region. The refineries pr...

«Astarta» completed the 2021 sugar beet processing season, which lasted 100 days. The Company processed 1,844kt of sugar beets and produced 266kt of sugar from sugar beets.  It is reported by press center of the company. The sugar content in beets remained at a high level and averaged 17.0% at «Astarta» (compared to the 16.9% Ukrainian average according to...