India: Hiking cane price a pre-poll challenge for UP Govt
DATE 14Nov 2018

Ahead of the 2019 Lok Sabha elections, the Uttar Pradesh Government faces the difficult task of satisfying the sugarcane farmers who are pitching for over 25 per cent hike in the State Advisory Price (SAP) of cane for the current 2018-19 crushing season. If their demands are acceded to by the Government, the sugarcane price… Read More »

Singapore: Center-South Brazil H2 October cane crush falls 2.9% from H1 October-UNICA
DATE 14Nov 2018

The volume crushed was about 1.01 million mt above market expectations, according to an S&P Global Platts survey of analysts released November 8. Antonio de Padua Rodrigues, technical director at UNICA, said wet weather and a reduction in supply of sugarcane were responsible for the slow down in harvesting. The cumulative amount of cane crushed… Read More »

India: Sugar stocks gain in weak market; Balrampur Chini, Dhampur Sugar up over 8%
DATE 14Nov 2018

Shares of sugar companies were trading higher by up to 13% on the BSE in an otherwise weak market on hopes of posting better than expected operating numbers in coming quarters on the back of firming sugar prices, gains arising from sugar inventory revaluation, higher profitability from their distillery and co-gen segment. Balrampur Chini Mills,… Read More »

Jamaica: Jamaica sugar marketer loses client base, mulling winding down operation
DATE 14Nov 2018

Sugar marketer Jamaica Cane Products Sales Limited (JCPS) is laying off its entire staff as it contemplates winding down the business, Chairman Karl James confirmed on Friday, even as it looks to the Government for help. James blames the agency’s misfortunes on the opening up of the market to competition by sector regulator, Sugar Industry… Read More »

Bulgaria: Brazil’s Centre-South hydrous ethanol sales rise 33.6% in Oct
DATE 14Nov 2018

Brazil’s Centre-South ethanol producers sold a little over 2 billion litres (528.34 million gallons) of hydrous ethanol in October for a 33.62% year-on-year increase. Anhydrous ethanol sales decreased to 383.74 million litres in the latter half of the month in question from 443.80 million litres a year earlier, local sugarcane industry association Unica announced on… Read More »