Ситуація в країнах «price-maker»

 
India's top sugar producing state Uttar Pradesh to keep prices unchanged

India’s biggest sugar producing state, Uttar Pradesh, will keep prices that mills must pay to cane growers on hold in the current season. It is reported by Reuters. In India, the world’s biggest sugar consumer, the federal government fixes the price that cane growers receive each year, but Uttar Pradesh’s state government...


Cygnet completed sugar beet harvesting

On November 23, Cygnet successfully completed harvesting season and received high yields of all cultivated crops. The press-service of the company reports. Despite the hot and dry weather conditions, the company managed to get high yields of all cultivated crops, such as corn, soybeans, sugar be...

 
Biosev hires bank for possible Brazil sugar asset sales

Biosev SA (BSEV3.SA), the sugar and ethanol maker controlled by trading firm Louis Dreyfus Co, has hired an investment bank to seek potential buyers for some or all of its plants in Brazil, a source familiar with the plans told. It is reported by Reuters. Biosev has retained the local unit of Dutch bank Rabobank to explore opportunities for its nine production units in Brazil’s center-south region, the country’...


EU sugar output could drop further as growers turn away from beet

Sugar production in the European Union could drop sharply in 2019/2020 as farmers consider slashing plantings and switching to other crops amid depressed prices. It is reported by Reuters. European producers are not planting extra beet area and some are turning to other crops offering better returns, Martin Todd, managing director at LMC International, told...

 
Brazil sugar output to reach the lowest level in the last 10 years — S&P Global Platts

Brazil sugar production between April 1 and November 16 would reach 25,13 million tonnes, decreasing 27% year on year. That would be the lowest for the period in 10 years, since the 2008-09 crop. It is reported by S&P Global Platts. The amount of sugarcane crushed in the first half of November in Brazil's key Center-South region was expected to be 21,1 million tonnes, down 10%...


India will become the world's biggest sugar producer for the first time in 16 years

Brazil, traditionally the world’s top sugar producer, is poised to cede the crown to India for the first time in 16 years. It is reported by Bloomberg. Production in the Asian country this season may rise 5,2 percent — to a record 35,9 million tonnes on increasing acreage and improving yields, the U.S. Depar...

 
Britain's sugar production will decrease by 23% — ABF

Sugar production in Britain is expected to fall to 1,05 million tonnes this season, down from the prior season’s 1,37 million tonnes, Associated British Foods (ABF) said. It is reported by Reuters. British Sugar — the only British producer of sugar from domestic beet — said in its annual results statement that the decline was due to late drilli...


Global sugar production will fall about 9 million tonnes — USDA

The U.S. government on Tuesday forecast world sugar production will fall about 9 million tonnes in 2018/2019 to 185,9 million tonnes, while global consumption swells to new records. It is reported by Reuters with reference to USDA report. In its biannual report the U.S. Department of Agriculture (USDA) said the decline in global production was primarily due to Brazil, where yi...


India sugar output decreased by 14%

Indian sugar mills produced 1,2 million tonnes of the sweetener between Oct. 1 and Nov. 15, down from 1,4 million tonnes in the same period last year, the Indian Sugar Mills Association (ISMA), a producers’ body, said in a statement. It is reported by Reuters. Last month, the ISMA scaled down its output estimates for the 2018/19 season that began on Oct. 1 to 32 million tonnes, from its previous forecast of 35-35.5 million tonn...


Uttar Pradesh sugar output falls 77%

Mills in Uttar Pradesh produced 81 200 tonnes of sugar as of Monday during the ongoing season started Oct 1, much lower than 353 100 tonnes produced in the corresponding period last year. It is reported by Cognecis. The state's sugar output is sharply lower on year due to delayed start in cane crushing by mills this season. Last year, mills in the state had begun cr...

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