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China: FAO seeks to develop Africa’s guideline on public, private partnership
DATE 10May 2018

The UN Food and Agricultural Organization (FAO) is developing an Africa’s guideline in the agriculture sector to bridge the gap between the public and private sector. Stephanie Gallatova, FAO Agribusiness Officer, said Public, Private Partnership (PPP) initiatives have the potential to help transform the production-oriented agricultural sector of African countries towards a more market-oriented, modernized… Read More »

UK: SOFTS-London cocoa taps highest since 2016, raw sugar jumps
DATE 10May 2018

London cocoa futures on ICE rose on Tuesday to their highest since 2016 on speculative buying and support from the weak British pound, while raw sugar rose for the first time in four sessions as industry participants gathered in New York.

India: Sugar prices fall on bumper stocks, weak demand
DATE 10May 2018

Sugar prices tumbled by Rs 55 per quintal at the wholesale market in the national capital today following record production amid limited offtake by stockists. Marketmen said record production and need-based buying by stockists and bulk consumers mainly pulled down sugar prices. According to the Indian Sugar Mills Association (ISMA), sugar production has crossed a… Read More »

India: FSSAI bats for consumers on food choice, but sugar industry sees red
DATE 10May 2018

According to the proposed draft of Food Safety and Standards (Labelling and Display) Regulations, 2018, the packaged food companies will have to declare nutritional information such as calories (energy), total sugar and salt, total fat and trans-fat, per serving on the front of the pack. The food labels will also declare, per serve percentage contribution… Read More »

Australia: Australian sugar industry sours as competing nations create a global glut, causing a price drop
DATE 9May 2018

The world’s largest sugar-producing nations, including Australia, are questioning whether Indian and Pakistani exports are breaching trade rules. Large increases in production in the two subcontinent nations are being blamed for contributing to an oversupply of sugar that has weighed down the global market. Prices have plunged below the cost of production for Australian cane… Read More »