Ситуація в країнах «price-maker»


EU's sugar production to grow 3% in 2023/24 — USDA

Sugar production in the European Union (EU) is projected to grow 3% in the 2023/24 season with a strong crop in the bloc's East more than offsetting a drop in France, the United States Agriculture Department (USDA) said in a report on Tuesday. EU's beet sugar production was forecast at 15.5 million metric tons, the USDA said, bolstered by increased plantings mainly in Poland, up 19%, Romania, Slovakia and Hungary, and also Spain. Pla...

 
Thai sugar producers fear new government controls will delay exports

Thai sugar exports could face delays next year, producers and sellers of the sweetener said, after the government introduced new measures to protect domestic supply and prevent smuggling. It is reported by Nasdaq. Thailand, the world's largest sugar exporter after Brazil, last week classified sugar as a controlled good, requiring government approval for exports of over one...

 
Brazil's sugar producton to reach record level — Green Pool

Brazil's center-south region should produce 40.5 million metric tons of sugar in the 2023/24 season (April-March), a record and 500,000 tons more than previously expected, Green Pool Commodity Specialists projected on Monday. It is reported by Nasdaq. Green Pool said in a weekly report that hot and dry weather in the region is allowing mills to continue sugarcane harvesting at a good pace, with a large allocation of the...

 
Ціни на цукор зросли на тлі прогнозів скорочення поставок цукру з Таїланду

У середу березневий контракт на цукор-сирець у Нью-Йорку закрився на рівні +0,42 (27,51 центів/фунт, +1,55%), а грудневий лондонський контракт на білий цукор №5 — на +16,40 ($749,4 за тонну, +2,24%), пише Barchart. Ціни на цукор закрилися помірним зростанням, при цьому в Лондоні цукор досягнув максимуму за півтора місяці. Занепокоєння тим, що Таїланд може незабаром обмежити експорт цукру, призводить до зростання...

 
Sugar hedging by Brazil mills for 2024/25 seen at 10 mln tns

Brazilian mills have hedged around 10 million tonnes of 2024/25 sugar sales using ICE futures by the end of September, a similar hedging pace to that of the previous year, according to a report by risk advisory consultancy Archer. It is reported by Nasdaq. The report said that the average price of the hedging volume by Brazilian mills is 21.80 cents per pound. It said the volume hedged for the next season accounts for around...

 
France raises sugar beet crop estimates

France's farm ministry on Tuesday raised its forecast for sugar beet production for the second month in a row. It is reported by Nasdaq. For sugar beet, for which the harvest is also in full swing, the ministry pegged output at 31.29 million tons, up from 31.21 million estimated last month. That was now jus...

 
Brazil sugar output up 8.5%

Brazil's center-south sugar production rose 8.54% in the first half of September when compared with a year earlier, totaling 3.12 million tonnes, data from industry group UNICA showed on Tuesday. It is reported by Nasdaq. UNICA said in a report that 41.76 million tonnes of sugarcane were crushed in the period, up 5.35% from a year ago. In recent fortnights, output from Brazil's main...


Punjab to begin sugarcane crushing season from October 28

Sugar mills in Punjab will start crushing season for the year 2023-24 from October 28, ARY News reported. Sources close to the Punjab cane commissioner said the caretaker government has directed the sugar mills to start crushing the sugarcane from October 28 as delay will ultimately increase the price of...

 
Sugar output in India's Maharashtra set to fall to lowest in 4 years

Sugar output in Maharashtra, India's top producing state, is likely to fall 14% in the 2023/24 crop year to its lowest in four years due to lower cane yields following the driest August in more than a century, industry and government officials told Reuters on Wednesday. It is reported by Reuters. The reduced output could add to food inflation and discourage New Delhi from allowing sugar exports, supporting global prices which are already near their highest in more...

 
Thai sugar season looks feeble, rains needed for improvement

The new Thai sugar season that starts in October is looking weak due to insufficient rains this year as the El Nino phenomenon brought a drier-than-normal weather pattern to the Asian country, a report from broker Czarnikow said on Monday. It is reported by Nasdaq. After touring the main sugar producing areas in the country, it projected Thailand's sugarcane crop in 2023/24 (Oct-Sept) at only 66.5 million tonnes, compared to arou...

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