Ситуація в країнах «price-maker»

French lawmakers on Tuesday approved a draft bill allowing sugar beet growers to use pesticides that are banned to protect honeybees, a move welcomed by farmers hit by crop disease but condemned by green groups as more backsliding by the government. It is reported by Reuters. The proposal, which contradicts a promise by President Emmanuel Macron during his presidential campaign not to modify the ban on pesticides known as neonicotinoids, aims...

A series of fires hitting cane fields in Brazil’s centre-south region are unlikely to change the outlook for sugar production in the current season, but could impact next year’s season, cane industry group Unica said on Wednesday. It is reported by Reuters. Traders and analysts have cited the fires and the excessive dry weather in Brazil as one of the factors supporting sugar prices’ rise in the latest sessions in New...

Sugar group Tereos expects the average yield for its French growers in this year’s sugar beet harvest to fall by about 12% from last year after crop disease hit some growing regions, it said on Friday. It is reported by Reuters. Jaundice disease spread by aphids, which have proliferated due to warm weather, have caused severe damage on some farms. To help a sector already weakened by low price...

The European Union is heading for a significant drop in sugar output this year after fields were devastated by pests and dry weather, making the bloc a net importer and pressuring a fragile sugar industry, analysts say. It is reported by Reuters. Sugar production in the EU and Britain is set to fall to 16,1 million tonnes, down from about 17 million in 2019, mainly due to lower sugar beet output in top producer Fr...

India is facing potential delays in the harvest of its massive sugarcane crop, threatening supply worldwide, as millions of migrant workers needed for the harvest may be scared to travel as coronavirus infections surge throughout the country. It is reported by Reuters. India’s sugar harvest begins in October, when other major producers are winding down. The country’s industry is not mechanized, however, relying on migrant wo...

Brazil allowed a non-tariff quota for ethanol imports to expire on Monday, which will result in U.S. producers having to pay a 20% tariff unless the Brazilian government takes new action. It is reported by Reuters. «The expiry date was today and nothing was decided, but that does not stop the government taking a decision in the next few days», — a government o...

Thai sugar exports fell 24% on the month in July, which traders attributed to tight supply which forced destination buyers to seek alternative, more competitively priced origins. It is reported by S&P Global Platts. Total sugar exports from Thailand in July were 428,174 tonnes — comprising 204,761 tonnes of raw sugar, 26,908 tonnes of low-quality whites and 1...