Ситуація в країнах «price-maker»

Brazil's Copersucar, the world's largest sugar and ethanol seller, expects smaller sugar production in the Brazilian center-south region in the current season due to ageing cane fields and drier weather and sees a more positive outlook for sugar prices.  It is reported by Reuters. Copersucar expects total sugar production in the center-south in 2018/19 to be 28 million tonnes versus 36 million tonnes in the previous crop, company Chief Execut...

Biosev SA, the Brazilian sugar and ethanol company controlled by commodities trader Louis Dreyfus, posted a net loss of 1,27 billion reais ($341,73 million) in the 2017-18 cane crop season. It is reported by Reuters. The net loss widened sharply from a loss of 600 million reais in the previous crop. This is the first earnings report Biosev has released since closing two deals that boo...

Brazilian sugar producers say their operations have been affected by nationwide truckers protests against high diesel prices that entered a third day on Wednesday, industry groups said on Wednesday. It is reported by Reuters. Cane industry group Unica said some sugar mills in the country’s center-south region reduced cane harvesting this week due to short diesel fuel supplies. Unica a...

Brazil's center-south, the world's largest sugar producing region, is likely to have less cane to process this year than previously expected due to a prolonged period without widespread rains. It is reported by Reuters. Sao Paulo-based Archer Consulting revised its center-south 2018/19 cane crop projection to 563 million tonnes, compared to 580 million tonnes expected previously, citing...

Global commodities trader Bunge Ltd has filed for a potential public offering of its sugar and ethanol unit in Brazil Bunge Açúcar&Bionergia SA, with the Brazilian Securities Commission. It is reported by Reuters. The U.S. headquartered company said it recently obtained debt financing for the unit, which it has prepared to operate as a stand-alone company. Bunge said it plans to...

Thailand has allocated an additional 300,000 tonnes of raw sugar for ethanol production this year, amid weak prices and a large global surplus of the commodity. It is reported by Reuters. Thailand, the world's second-largest sugar exporter after Brazil, expects at least 14 million tonnes of sugar from a record 134 million tonnes of cane in the 2017/18...

German farmers have expanded sugar beet plantings in 2018 by 3,7% on the year to 421,600 hectares, German's national statistics office said on Tuesday. It is reported by Reuters. The increase was achieved despite poor weather which hindered the start of sugar beet sowing in Germany, the European Union's second largest beet producer.  E...

Indian cabinet approved a proposal to give subsidies to cane farmers for produce they sell to sugar mills, a government source said, as part of efforts to help growers and companies struggling with a glut. It is reported by Reuters. Prime Minister Narendra Modi's administration decided to give 55 rupees ($0.82) for every tonne of cane sold to the mills. As a drop in local sugar prices to their...

Brazil's center-south, the world's largest sugar producing region, sped up harvesting in the first half of April, crushing a quarter more cane than in the same period a year earlier, industry group Unica said on Wednesday. It is reported by Reuters. Mills crushed 22,21 million tonnes of cane in the first two weeks of April versus 17,7 million tonnes a year earlier, allocating 68,5 percent of that cane to ethanol prod...

In India government is unlikely to give any export subsidy to sugar mills even as it has asked mills to give priority to clear sugar arrears to farmers, which has mounted to more than Rs 18,000 crore. It is reported by The Economic Times. «At present there is no proposal by the government to give any export subsidy to sugar mills», — a food ministry official said. «Our co...