Ситуація в країнах «price-maker»

 
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...


Indian sugar production concerns drive local prices to 6-year high

Sugar prices in India have jumped by more than 3% in a fortnight to their highest level in six years, traders and industry officials said, as limited rainfall in the country's key growing regions raised production concerns for the upcoming season. It is reported by Reuters. This could add to food inflation and discourage New Delhi from allowing sugar exports, supporting global prices , which are near their highest in more than a decade. &...

 
White sugar prices hit 12-year high

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...

 
India will decide on sugar exports after assessing cane availability

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 sugar production up 31.2%

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 first time in 7 years

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...

 
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...

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