sugar

According to Angel Commodities, expect sugar prices to trade sideways as the prices have reached highest levels in the year and there is an expectation of consolidation at this level.
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A rally that took raw sugar prices to a more than four-year high in late 2016 is expected to run out of steam this year as Brazil’s main producing region looked set for record output that will reduce a world supply deficit, a Reuters poll showed. The deficit will disappear in the upcoming 2017/18 crop year, according to the median estimate from Reuters’ poll of 18 traders, analysts and…
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Although prices are lofty, they have pulled back since reaching a four-year high in late 2016. Causing the pullback is the expectation for bumper yields from the upcoming crop in Brazil.
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Indian mills will likely produce 21.3 million tonnes of sugar during the year—the lowest in seven years— and 9% lower than ISMA’s earlier estimates released in September
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Exchange rates and high prices currently favor sugar producers
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The south Asian country is the world's biggest consumer of the sweetener with annual demand of around 25 million tonnes.
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Decision expected to come into force later this week
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Liberalisation of European Union sugar production will drive output even higher than thought, boosting export prospects
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The war between sugar producers and refiners on the issue of whether the government should lower a 40% import duty on the sweetener is now out in the open.
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As production expectations decline in the world’s number two sugar producer, money managers have increased their bullish expectations on the commodity
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Mexico should accept the U.S. offer
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Normally, of Buriram Sugar’s total production, around 50% is raw sugar exported to major consumers such as Indonesia and Japan, as well as industrial use in the production of beverages and packaged food.
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The 2016 Louisiana sugarcane season has ended with a record set for the amount of sugar obtained per ton of cane.
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According to Angel Commodities, expect sugar prices to trade higher on reports that sugar traders called for duty free import of raw sugar for millers.
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The question of the sugar industry has taken up more media space, both print and electronic than any other industry in Guyana over the past twenty years, and possibly further back, through headlines, letters, columns and articles. Worldwide, sugar nations like Cuba and recently Hawaii have moved away or diversified into other areas as the evolution of economic forces has demanded. In Guyana,…
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Major projects are being put on hold by the Fiji Sugar Corporation as it undergoes a complete review under new CEO, Zimbabwe-born Graham Clark. The FSC chair Vishnu Mohan said projects like the co-generation and ethanol plant in Rarawai, sugar refinery in Labasa and syrup mill in Penang have been stopped until further feasibility studies are undertaken. The proposed ventures are…
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Victorias Milling Co. (VMC) is expecting the construction of new PHP 2 billion (US$40.2 mln) bagassed-based cogen unit with 40 MW capacity to commence operations in September. Construction of the plant started last year, according to local press reports. VMC President and Chief Operating Officer Eduardo V. Concepcion said “We will be able to export to the grid about 25 MW, while the remaining…
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The possibility of increased sugar exports to the US comes as the SRA has decided to cut the US allocation - also known as the "A" volume - to 6 percent from 8 percent of total domestic production.
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