Singapore: Olam to shut sugar trading desk
DATE 10Jan 2019

Singapore-based agricultural commodities trading firm Olam International will shut its sugar trade desk, spokesman Nikki Barber said on Tuesday, another sign of pressure on trading houses. The decision comes after raw and white sugar futures on ICE ended last year at their lowest levels since 2008, as a global supply glut led to a second… Read More »

Kenya: 4 police impostors arrested after hijacking sugar truck
DATE 10Jan 2019

Police in Homa-Bay County on Wednesday arrested four armed suspects masquerading as traffic police officers on Oyugis – Kosele road in Rachuonyo South sub-county. The suspects were arrested after carjacking a lorry belonging to Shivling Supermarket on Rongo -Kisii highway on Tuesday night. The police impostors are said to have stopped the lorry which was… Read More »

Pakistan: Pakistan 5th largest sugarcane producer in world
DATE 10Jan 2019

Pakistan is the fifth largest sugarcane producer in the world with an annual production of 63,800 thousand metric tons (TMTs), after Brazil, India, China and Thailand. Brazil is the top ranking country producing 739,300 TMTs of sugarcane annually. India is on the second berth with 341,200 TMTs, Peoples Republic of China on the third spot… Read More »

India: Sugarcane farmers have Rs10,000Cr of pending dues, will the Government step in to help?
DATE 10Jan 2019

The top two Sugarcane producing states in India and the problems faced by the farmer about which neither the state or central Government is listening. The case in both the states is that the sugarcane factories are delaying to give the payment to farmers which has made the life miserable of the farmers. The factories… Read More »

India: Punjab Govt releases Rs 35 crore to sugar mills to pay sugarcane dues
DATE 10Jan 2019

The Government of Punjab has released Rs 35 crore to the cooperative sugar mills of the state towards the payment for sugarcane dues for the year 2017-18. The same has been credited into the accounts of the sugarcane farmers. The cooperative sugar mills had dues amounting to Rs 182.26 crore pending towards the government as… Read More »