USA: India 2019/20 sugar output to decline 8.4%-USDA attache
DATE 14May 2019

Indian sugar production in 2019/20 is expected to decline 8.4% from the record-large 2018/19 crop to 30.3 million tonnes, the U.S. Department of Agriculture attache in New Delhi said in a report. Output is expected to fall as the area under harvest contracts and the average sugar recovery rate declines, and as ethanol becomes an… Read More »

Brazil: Brazil energy group Cosan net income up 14.5% -filing
DATE 14May 2019

Cosan SA Indústria e Comércio CSAN3.SA, one of Brazil’s largest energy and logistics companies, said on Tuesday it posted a quarterly net profit of 395.7 million reais ($99 million), up 14.5% from a year earlier.

Australia: Wilmar loses legal battle on QSL 2010 sugar pricing
DATE 14May 2019

The Supreme Court of Queensland has dismissed Wilmar’s legal action against QSL relating to costs associated with the 2010 sugar production season, in a decision handed down on May 10. Through its legal action commenced in 2015, Wilmar sought damages of $60.86 million plus interest and costs for what it claimed was negligence by QSL… Read More »

India: Sugar exports surge to 21.29 lakh tonnes so far this marketing year
DATE 14May 2019

The country’s sugar exports surged to 21.29 lakh tonne so far in the current marketing year ending September, as against about five lakh tonnes shipped in the entire 2017-18, industry data showed Monday. Out of the 21.29 lakh tonnes exported between October 1 and April 6, raw sugar accounted for 9.76 lakh tonnes, the All India… Read More »

USA: Maine sustains governor’s veto of ethanol blended gas bill
DATE 13May 2019

Maine Democrats have sustained the Democratic governor’s first veto of a bill to ban the sale of ethanol-blended gas. The Republican-sponsored bill initially sailed through the Legislature last month.