sugar

Sugar mills in top producing western state of Maharashtra and third biggest producing southern state of Karnataka are closing earlier than initial expectations
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Odebrecht SA, Latin America's largest engineering conglomerate, is selling assets after signing a leniency deal related to its involvement in Brazil's worst corruption scandal.
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As of January 15, Indian mills have produced 10.5 million tonnes of sugar, down 5.3 percent compared to the same period a year ago.
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THE GOVERNMENT is considering the possibility of an additional sugar quota amid uncertainty regarding Washington’s trade relations with Mexico, the leading foreign source of the sweetener for the US.
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The market has been supported by a diminishing outlook for India's crop
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India has retained its sugar output forecast for 2016/17 season at 22.5 million tonnes, a top government official said, after a meeting of representatives from India's leading sugar-producing states. "We will meet again after two weeks to re-assess these production numbers," said the official, who requested anonymity. Reuters
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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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Wilmar and QSL are now negotiating over the price at which the sugar will be sold in the international market and terms on which the sugar is sold.
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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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India's sugar production in 2016/17 is likely to fall to 22 million tonnes, down 4.3 percent from an earlier estimate
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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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Sugar mills typically operate between November and April, but this year mills have stopped crushing due to lower cane supplies.
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Domestically, Thailand consumes about 2.6 million tonnes of sugar per year, according to the sugar board.
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Out of 149 sugar mills that started operations this year, 56 mills have stopped crushing as on Jan. 15, the official said.
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Indonesian households consume 3.2 million tonnes to 3.5 million tonnes of sugar per year.
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Exports from Brazil are projected to increase by 11 percent in 2016/17
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Egypt consumes about 3 million tonnes of sugar per year
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Mexico slapped a tax on U.S. high fructose corn syrup in the early 2000s after the United States refused to allow free trade in Mexican sugar.
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