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Ireland: Beet Ireland buys sugar site on Carlow-Kildare border
DATE 12Jan 2018

Beet Ireland, the lobby group seeking to resurrect Ireland’s sugar industry, is in the process of buying a site on the Carlow-Kildare border for a new national sugar processing plant. The organisation is understood to be finalising a deal to acquire a 200-acre site in Plumperstown, formerly owned by a concrete manufacturer, for around €4… Read More »

South Korea: Ethanol imports jump 39% on year to 261,584 mt in 2017
DATE 12Jan 2018

South Korea’s ethanol imports increased 39% year on year to 261,584 mt in 2017, according to data released Thursday by Korea Customs Service. Imports of denatured ethanol surged by 238% over the year to 117,782 mt in 2017. The US remained the key import origin last year, accounting for 78% of total imports, followed by… Read More »

Thailand: Thailand Forecasts Record-High Cane, Refined Sugar Output in 2017/18
DATE 12Jan 2018

Thailand is expecting to produce a record output of sugarcane and refined sugar in 2017/18, boosted by favorable weather conditions, the government said on Thursday (11/01). In the past two years, Thailand, the world’s second-largest sugar exporter, suffered from its worst drought in more than two decades followed by unseasonable downpours that brought agricultural activities… Read More »

UK: Sugar hits three-week low as charts weaken, supply glut looms
DATE 12Jan 2018

Sugar futures on ICE fell to their lowest in more than three weeks on Thursday, pressured by weakening technicals and a looming global supply glut, partly fuelled by expectations for a record crop in Thailand. March raw sugar was down 0.45 cents, or 3.1 percent, at 14.20 cents per lb by 1437 GMT. It hit… Read More »

Angola: In Angola slight increase in sugar output is expected
DATE 11Jan 2018

The Angolan Bioenergy Company (Biocom) is expected to produce 63,000 tonnes of sugar this year. It is reported by International Sugar Journal. While this is some 13% higher than the previous year, by all accounts this is significantly short of the full capacity of 256,000 tonnes which the company hopes to achieve by 2021, according… Read More »