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Philippines: Guv-Efforts vs sugar liberalization not yet late
DATE 5Feb 2019

NEGROS Occidental Governor Alfredo Marañon Jr. said on Monday, February 4, that all the efforts to stop the move to liberalize the sugar import are not yet late. He added the leadership of the sugar industry should work to come up with the solution to solve the problem of the sugar industry. Marañon who met… Read More »

India: Indian cane farmers owed Rs 20K crore as sugar prices fall-ISMA
DATE 5Feb 2019

India’s cane farmers are owed Rs 20,000 crore ($2.8 billion) by sugar mills in the world’s second-biggest producer of the sweetener as refined sugar prices have fallen below the cost of production, a leading trade body said on Monday. Farmers in key cane-growing states are protesting the delay in cane payments from the mills, and… Read More »

Sri Lanka: Sugar containers with cocaine not destined to SL-Customs
DATE 5Feb 2019

The controversial sugar containers, detected with cocaine in 2016 and 2017 were not destined for Sri Lanka, Customs Assistant Supdt. Nuwan Abeynayake said. Speaking at a trade union meeting, he said the cocaine haul was received in the port via transhipment after they were found to have been unable to remove from the containers. “Many… Read More »

Ukraine: Global sugar deficit in 2019/2020 seen at 1,36 million tonnes
DATE 5Feb 2019

The world sugar market is on course for a shortfall of 1,36 million tonnes, analyst Green Pool said on Friday in its first forecast for the 2019/2020 season. It also trimmed its projection for the global surplus in 2018/2019 to 2,64 million tonnes from a previous forecast of 3,6 million tonnes. There was a surplus… Read More »

India: Sugarcane arrears to surge to Rs 35,000 crore in April
DATE 5Feb 2019

Sugarcane arrears are set to surge to Rs 35,000 crore by mid-April, adding to the agrarian distress, unless the government acts fast and comes out with measures, including a hike in sugar prices as demanded by the industry. “The cane arrears have reached about Rs 20,000 crore by the end of January… It is feared… Read More »