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Brazil: Sugarcane crush down 2.8% year on year
DATE 16Jun 2019

Center-South Brazil crushed 31.59 million mt of sugarcane in the second half of May, down 2.8% year on year, data from industry association UNICA showed Tuesday. The 2017-18 sugarcane season started April 1 in the key Center-South region, the largest sugarcane and sugar producer in the world. The volume crushed was roughly two million mt above market… Read More »

India: Flat ahead of weekend, falls on ICE on profit booking
DATE 16Jun 2019

Prices of medium-grade sugar in wholesale markets of India were unchanged today in subdued trading ahead of the weekend, traders said. “Demand is not there right now yet prices are stable but the main problem of excess stock still remains… the government’s job is now to bring about a balance in the market, only then prices… Read More »

Brazil: Raw sugar climbs; cocoa, coffee slip
DATE 16Jun 2019

Raw sugar prices on ICE rose on Friday to hit a fresh 1-1/2-month high, underpinned by expectations of strong ethanol demand and reduced Indian production, while cocoa and coffee prices slipped. September London cocoa settled down 5 pounds, or 0.3%, at 1,845 pounds per tonne, with the market consolidating after its recent rally. On Wednesday, the… Read More »

India: When sugar leaves a bitter taste
DATE 16Jun 2019

The Kalrayan Hills loom far in the distance, as a gentle breeze blows across the sugarcane fields at Ariya Perumanur village in Kallakurichi. This is in stark contrast to the blazing heat witnessed by Enathimangalam village in Villupuram. Though the weather may be different, the woes remain the same. A large-scale fraud, unpaid dues, mounting… Read More »

Egypt: Sugar reserves to last eight months
DATE 13Jun 2019

Minister of Supply and Internal Trade Ali el-Moselhi said Wednesday that the strategic reserve of sugar is sufficient for eight months. During his meeting with the Higher Committee of Sugar, He added that the average sugar consumption ranges between 230,000 to 240,000 tons per month. Moselhi called sugar companies to estimate the gap between the expected domestic… Read More »