Ситуація в країнах «price-maker»

Brazilian mills have hedged around 10 million tonnes of 2024/25 sugar sales using ICE futures by the end of September, a similar hedging pace to that of the previous year, according to a report by risk advisory consultancy Archer. It is reported by Nasdaq. The report said that the average price of the hedging volume by Brazilian mills is 21.80 cents per pound. It said the volume hedged for the next season accounts for around...

France's farm ministry on Tuesday raised its forecast for sugar beet production for the second month in a row. It is reported by Nasdaq. For sugar beet, for which the harvest is also in full swing, the ministry pegged output at 31.29 million tons, up from 31.21 million estimated last month. That was now jus...

Brazil's center-south sugar production rose 8.54% in the first half of September when compared with a year earlier, totaling 3.12 million tonnes, data from industry group UNICA showed on Tuesday. It is reported by Nasdaq. UNICA said in a report that 41.76 million tonnes of sugarcane were crushed in the period, up 5.35% from a year ago. In recent fortnights, output from Brazil's main...

Sugar mills in Punjab will start crushing season for the year 2023-24 from October 28, ARY News reported. Sources close to the Punjab cane commissioner said the caretaker government has directed the sugar mills to start crushing the sugarcane from October 28 as delay will ultimately increase the price of...

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...

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...

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 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 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...