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sugar

Uttar Pradesh sugar output to rise 19 percent in 2016/17 – government officials

Sugar output in India's top producing state of Uttar Pradesh (U.P.) is expected at 8.1 million tonnes in the year to Sept. 2017, up from 6.8 million tonnes in the previous year, two government officials who did not want to be named told reporters on Tuesday. Production in U.P. is likely to go up because of higher cane crop yield, the officials said after a meeting of representatives from…
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Sugar Prices Hit A 2 Week Low

Sugar futures in the March contract is currently down 5 points at 20.15 a pound as I was recommending a bullish position from around the 20.67 level getting stopped out in today's trade around the 20.15 area in a disappointing trade as prices hit recent highs in yesterday's trade before dropping 100 points rather quickly as now I am sitting on the sidelines. Sugar prices are now trading under…
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Brazil – Investors from Algeria and Pakistan show acquisition interest for mills

Several investors from overseas are looking to acquire of financially troubled sugarcane mills in Brazil, reports Valor Economico. Some deals are expected to be made this year, it says. These investors include Cevital, the largest private-sector company in Algeria, and Fatima, one of the largest groups in Pakistan. On the list of fund managers and consultancies gathering information about the…
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