Ситуація в країнах «price-maker»

 
ISO cuts view on global sugar surplus to below 1 mln tns

The International Sugar Organization (ISO) on Monday sharply reduced its projection for a global sugar supply surplus in 2022/23 (Oct-Sept) to 850,000 tonnes from 4.15 million tonnes seen in its previous quarterly report in February. It is reported by Nasdaq. The new estimate includes revisions in key regions such as Europe, China, Thailand and India, where production came in below previous expectations (see tables below), a si...

 
Brazil fuel pricing move to boost gap between ethanol and sugar prices

The fuel pricing change by Brazil's state-controlled oil company Petrobras will likely increase the price gap between ethanol and sugar to the highest level in 12 years, analysts and brokers said on Wednesday. It is reported by Nasdaq. The policy change announced on Tuesday, however, will have no impact to the production strategy of Brazilian sugar and ethanol producers as they start a new season si...

 
Brazil sugar output below estimates — Unica

Brazil's center-south sugarcane crushing dropped 12.5% in the second half of April from a year earlier, industry group Unica said on Thursday, with sugar production missing market expectations after rains limited harvesting. It is reported by Nasdaq. Mills in the region were estimated to have lost 10 days of harvesting operations due to bad weather in the first month of the new cycle, Unica said, which is seen resultin...

 
Brazil sugar mills lost 3 days of ops in 2nd half of April

Brazilian sugar mills lost 3 days of harvesting operations during the second half of April due to rains, according to estimates by analysts, who see production, however, jumping over the same period a year earlier. It is reported by Nasdaq. Both S&P Global Commodity Insights, in a survey with 11 analysts, and EarthDaily Agro, a company that tracks weather conditions in Brazil's center-south region, pr...

 
Brazil's sugar output will increase by almost 14% — Datagro

According to Datagro date, in the new season, Brazil's sugar output will increase by almost 14%.  It is reported by Nasdaq. Brazil's centre-south region is expected to produce 38.3 million tonnes of sugar in the new season that started in April, a 13.6% increase over the previous crop, due...

 
Brazil sugar production a bit below expectations

Brazil's centre-south sugar production in the first half of April reached 542,000 tonnes, slightly below market expectations of 572,000 tonnes, as cane allocation to sugar was not as high as some analysts projected. It is reported by Nasdaq. According to a biweekly report by industry group UNICA released on Thursday, mills allocated 38.5% of cane to sugar production in the period, while the market estimate was...

 
In Thailand sugar cane output below expectations

In Thailand sugar cane output is lower than forecast for this crop year, with an increase of just 1.9% to 93.8 million tonnes due to drought and more farmers switching to cultivating cassava, says the Office of the Cane and Sugar Board (OCSB).  It is reported by Bangkok Post. «The government previously expected the amount of sugar cane would exceed 100 tonnes in the 2022-23 crop year», — said Panuwat Triyangkunsri,...

 
Indian sugar prices climb as production drops amid record demand

Sugar prices in India have climbed more than 6% in two weeks and are likely to rise further as production is set to fall and demand from bulk consumers to strengthen during the peak summer season, industry officials told Reuters. Higher local prices will improve the margins of sugar makers such as Balrampur Chini, Shree Renuka Sugars, Dalmia Bharat Sugar and Dwarikesh Sugar, helping them make cane payments on time to farm...

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