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Singapore: Olam International to shut sugar trade desk-spokesman
DATE 9Jan 2019

Singapore-based agricultural commodities trading firm Olam International Ltd 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 finished 2018 at their lowest levels since 2008, as a global supply glut led to a second… Read More »

USA: Global sugarcane harvester report forecast to 2026
DATE 9Jan 2019

A market study based on the “Sugar Cane Harvester Market” across the globe, recently added to the repository of Market Research, is titled ‘Global Sugar Cane Harvester Market 2019’. The research report analyses the historical as well as present performance of the worldwide Sugar Cane Harvester industry, and makes predictions on the future status of… Read More »

Pakistan: A tale of two crushing countries
DATE 9Jan 2019

A cursory look on the list of top 10 sugar exporting countries reveals that only four of them also feature on the list of top 10 sugarcane producers. What gives? Of the top ten exporters, four belong to EU region and produce sugar mainly derived from sugar beet. On the other hand, other major producers… Read More »

USA: Land that once grew sugarcane now provides renewable energy for Kauai
DATE 9Jan 2019

The Kauai Island Utility Cooperative (KIUC) is halfway to reaching their renewable energy goals, thanks to a new solar farm on the Garden Isle. On Wednesday, KIUC leaders unveiled the state’s largest solar-plus-utility-scale-storage power facility in Lawai. The site is made up of 28-megawatt solar photovoltaic panels and a 100-megawatt hour five-hour duration energy storage… Read More »

India: Yet another sweetener for sugar companies before elections
DATE 9Jan 2019

The Narendra Modi government is looking at yet another relief package for sugar companies, and this one could be twice the size of the one announced in September 2018, ET Now learns from sources in the government.  The new relief package could entail the Centre facilitating loans worth nearly Rs 12,000 cr for which the… Read More »