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India is set to allow mills to export around 1 million tonnes of sugar, mostly unrefined, after allowing companies' requests to let them ship out stocks that had piled up in ports and warehouses, government and trade sources said on Thursday.
It is reported by Nasdaq.
Logistics problems, such as a shortage of railway wagons, have prevented mills from shipping raws, or unrefined sugar, which mounted up after New Delhi in May capped this...
Mills in Brazil’s centre-south (CS) region produced 2.97 million tonnes of sugar in the first half of July, said a report by industry group Unica on Wednesday, 0.12% less than in the same period a year earlier but more than the market was expecting.
It is reported by hellenicshippingnews.
The mills also crushed more cane than analysts projected in a survey by S&P Global Commodity Insights, processing 46.34 million tonnes in the period...
Brazilian mills are expected to produce only 200,000 tonnes more sugar in the 2022/23 season (April-March) despite a better sugarcane crop, as a larger part of the cane will be used to make ethanol, investment bank Itau BBA said on Friday.
It is reported by hellenicshippingnews.
The bank’s agricultural research arm projected Brazil’s centre-south (CS) sugar production at 32.2 million tonnes in 2022/23 versus 32 milli...
Brazil's center-south sugarcane crushing came in below market expectations late in June, data from industry group Unica showed on Tuesday, with sugar output falling from last year as mills kept betting on ethanol and yields remained under pressure.
It is reported by Successful Farming.
Crushing totaled 41.87 million tonnes in the second half of June, down 7.9% from a year earlier, while analysts polled by financial information provider S&...
India has extended by two weeks a deadline for the export of 800,000 tonnes of sugar as annual monsoon rains make it tough for many producers to move stocks from factories to ports, the government said on Friday.
It is reported by The Economic Times.
Last month, the world's biggest producer of the sweetener gave its mills until July 5 to export the sugar, but some mills missed doing so because of heavy...
Sugar production in the key Center-South Brazil region is expected to total 2.4 million mt in the first half of June, reflecting an increase of 7.7% on the year, an S&P Global Commodity Insights survey of 12 analysts showed June 23.
It is reported by S&P Global Platts.
During the survey, the cane crush estimate ranged from 39.4 million mt to 45 million mt. The average estimate was for a total cane crush of 42.2 millio...
India could start sugar's new marketing year on Oct. 1 with carry forward stocks of 6.2 million tonnes even after exporting a record 10 million tonnes, the top official at the food ministry said on Wednesday.
It is reported by Reuters.
On Tuesday India imposed restrictions on sugar exports for the first time in six years by capping this season's exports at 10 million tonnes.
New Delhi had decided...
Sugar production in Thailand for 2022/23 (2023) is forecast to rise slightly to 10.5 million tonnes compared to 2022.
It is reported by USDA in its May report.
On average over the last 10 years Thailand has been the fourth largest sugar producer behind Brazil, India, and the European Union and slightly above...
India production is forecast to decline 3% — to 35.8 million tonnes as less sugarcane is processed for sugar.
It is reported by USDA in its May report.
Consumption is anticipated at a record high with the expectation of continued favorable retail and institutional sugar demand.
Imports are unchange...
Brazil production is forecast up 1.0 million tonnes — to 36.4 million tonnes as higher sugarcane yields from favorable weather are expected to result in additional sugarcane available for crushing.
It is reported by USDA in its May report.
Harvested area is lowered as marginal sugarcane areas switch to soybeans and corn.
The sugar/ethanol production mix is expected to be unchanged rel...