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India: Sri Lanka emerges the largest sugar importer from India, UAE distant second
DATE 14Dec 2018

Sri Lanka has emerged as the largest sugar importer by contributing nearly half of India’s total sweetener exports during the current season beginning October 2018. Data compiled by the apex industry body All India Sugar Trade Association (AISTA) shows India’s total sugar exports to Sri Lanka at 84,536.90 tonnes. With 16,801 tonnes and 15,340 tonnes,… Read More »

USA: South Florida water managers cancel lease option, ending historic deal to buy sugar land
DATE 14Dec 2018

A decade-old land deal to buy up thousands of acres of sugar land to save the Everglades died quietly with a unanimous vote Thursday. The South Florida Water Management District agreed to terminate the option worked out by former Gov. Charlie Crist, a move crafted by lawmakers two years when they drafted the law creating… Read More »

India: Sugar Production could Drop in 2019 due to Water Scarcity
DATE 14Dec 2018

Sugar production in India could drop in 2019-20 as the farmers are struggling to sow cane due to drought in two of the country’s main producing states, informed multiple industry officials and traders. A drop in output would cut exports from the world’s second-biggest sugar producer and support global prices that have plunged 15% so… Read More »

Pakistan: Raw sugar falls on speculative selling; coffee sets 2-1/2-month low
DATE 14Dec 2018

Raw sugar futures fell to a two-week low on Thursday, weighed down by a weaker Brazilian currency and speculative selling in thin trade, while coffee prices hit a new 2-1/2-month low. SUGAR * March raw sugar was down 0.27 cent, or 2.1 percent, at 12.47 cents per lb by 1428 GMT, after falling to 12.44… Read More »

India: Brazil approves WTO action over India sugar
DATE 14Dec 2018

The Brazilian government approved consultations at the World Trade Organization regarding subsidies it says India gives to cane producers and sugar exporters, Brazil’s trade ministry said. Brazil said it has decided to start a formal action at the WTO after failing to receive enough information from India following letters it sent to the Indian government… Read More »