An improving fundamental supply and demand setup has been playing a major role in the uptrend in sugar prices that has been seen since seven-year lows were hit in late August. However, we already cautioned in mid-December that a 50% surge in prices by then a...

Brazil - Centre/South sugar output jumps in late January

Sugar mills in Brazil's Centre/South sugarcane region produced a surprisingly high 97,033 tonnes of sugar, tel quel, in the second half of January, after falling to 26,230 tonnes in the first half of the month,...

Pakistan - 2015 sugar exports drop amid delay of subsidy program

Pakistan's sugar exports in 2015 fell to 523,000 tonnes, white value, down from 643,000 tonnes the prior year and 1.030 mln in 2013, official data show. The downturn was the result of zero shipments between Au...

Germany - December campaign update confirms sharp drop in output

Germany produced 886,294 tonnes of beet white sugar in December 2015, down from 1,214,072 a month earlier and also below 1,113,828 in the same month last year, official data showed. This brought total sug...

United States - USDA reduces 2015/16 sugar output in February WASDE

The US Department of Agriculture (USDA) reduced its estimate of 2015/16 (Oct/Sep) sugar production to 8.849 mln short tons, raw value, from 8.934 mln a month earlier. Production of cane sugar in Florida was inc...

Cambodia - Giant sugar mill set to open in mid-March

A Chinese-owned agricultural company will inaugurate a $360 mln sugar mill in northern Cambodia on March 15, in what will be one of Asia’s largest sugar mills, according to local press reports. Rui Feng (Cambod...

Egypt - Temporary tariff on sugar imports to be cancelled

Egypt is cancelling a temporary tariff levied on sugar imports in 2015 after completing an investigation into possible dumping of the commodity, the ministry of trade said. Egypt said in April it would impose a...

The European Union awarded 57,404 tonnes (tel quel) of import licences to countries pursuant the EPA/EBA agreements in the week to February 5, up from...

Canada - Lantic raises 2015/16 beet sugar estimate

Lantic Sugar, Canada's sole beet sugar producer, announced that the beet slicing campaign in Taber, Alberta, was completed in early January. Throughou...

Mexico - Sugar output crosses 2 mln tonnes

Mexico's sugar mills produced 251,958 tonnes of sugar, tel quel, in the week ended February 6, hardly changed from 255,310 in the previous week but up...

Dominican Republic - Sugar production to rise in 2015/16

Sugar production in the 2015/16 harvest, which started in mid-December and is to be completed in June, is projected to rise to 522,679 tonnes, tel que...

United States - ADM purchases Moroccan corn wet mill

Archer Daniels Midland (ADM) announced that it has agreed to acquire from Tate & Lyle a Casablanca, Morocco-based corn wet mill that produces glucose ...

European Union - Preferential EPA/EBA sugar imports - January 29, 2016

The European Union awarded 41,408 tonnes (tel quel) of import licences to countries pursuant the EPA/EBA agreements in the week to January 29, up from...

Russia - Raw sugar import duty to rise to $240 a tonne in March 2016

The raw sugar import duty charged by the customs union comprising Russia, Kazakhstan and Belarus will rise to $240 a tonne in March 2016 from $203 in ...

 

Brazil - BTG said to grant equity to traders at commodities unit

Grupo BTG Pactual is planning to grant equity in its commodity-trading unit to top managers and traders in a deal that would give minority ownership to the busi...

Australia - Trade minister criticised over Queensland sugar regulation

Trade Minister Andrew Robb has been warned that Australia has damaged its reputation as an investment destination following a decision by the Queensland Parliam...

Philippines - Sugar production lags year-ago pace

Sugar production in 2015/16 (Sep/Aug) season in the period to January 24 reached 1.102 mln tonnes, raw value, down from 1.202 mln produced by the same time last...

Kenya - Lack of Ugandan supplies triggers import licence cancellation

Kenya's Sugar Directorate said it has cancelled a number of import permits issued to some traders after they failed to secure sugar from Uganda within the stipu...

International - New containerised white sugar futures contract to supplant current contract

A white sugar futures contract, due to launch on ICE Futures Europe by the end of March, has a good chance to eventually supplant the existing global benchmark ...

Sweden - Nordic Sugar builds additional silo at factory

Nordic Sugar announced to invest SEK190 mln ($1=SEK8.42) in its Swedish operations by building a new sugar silo at the factory in Örtofta, which will nearly dou...

European Union - Out-of-quota exports - January 22, 2016

The European Union granted 214.704 tonnes of export licences for out-of-quota isoglucose in the week to January 22, official data showed.This leaves 53,805.640 ...