Thursday, 28 April 2011

Sugar production in Thailand might reach as much as 9.8m tonnes as the country is set to crush at least 95m tonnes of cane, according to Sucden.

Thai sugar output seen reaching 9.8m tonnes
AgraNet

SUGAR production in Thailand might reach as much as 9.8m tonnes as the country is set to crush at least 95m tonnes of cane, according to Sucden. Pierre-Henri Dietz, an analyst at the company, said: "They have already crushed 89m tonnes and most of the ...

Tuesday, 26 April 2011

Sugar prices to stabilize with a tendency to strengthen until October expiry.

Sugarflows has published an update to the February analysis which advised the recent decline in global sugar prices.
Sugarflows

The latest analysis suggests a stabilization of prices with a strengthening trend until the October expiry.

The analysis can be found online here

India - Govt may consider additional unrestricted sugar exports after receiving final output figures for the current season from October, Food Secretary B C Gupta said on Tuesday.

Govt may consider more sugar exports - Food secretary
Economic Times

India, the world's biggest sugar producer after Brazil, has allowed exports of 500000 tonnes of sugar under Open General Licence (OGL) following a bumper crop, and has asked mills to register for the overseas sales.

Monday, 25 April 2011

Cuba - Assuming similar local consumption this year, the industry would be offering at least another 100,000 tonnes on the market after meeting its long-time 400,000 tonne tolling deal with China.

Cuba to produce extra 40000 tonnes of raw sugar
Cuba Headlines

HAVANA (April 24, 2011) : The Cuban Sugar Ministry said Thursday it would produce 40000 tonnes more raw sugar than planned, or somewhere between the 1.1 million and 1.2 million tonnes for the season Reuters has estimated. The Sugar Ministry said a week

Thursday, 21 April 2011

India Scraps Import Tax On Sugar Until June 30 - Government

DJ India Scraps Import Tax On Sugar Until June 30 - Government

India, the world's second-largest sugar producer after Brazil, had allowed tax- free sugar imports until March 31 due to an earlier local shortfall. ...

China - Sugar imports in the January March period totaled 80000 tons

DJ China March Sugar Imports 50000 TonsCCS

Sugar imports in the JanuaryMarch period totaled 80000 tons down 11% from a year earlier. CCS Information Center is a governmentauthorized overseas supplier ...

Monday, 18 April 2011

EU - The attaches, terming Europe's sugar squeeze "unprecedented", forecast imports hitting an all-time high of 3.7m tonnes next season to replenish stocks and avoid the kind of shortages which have forced supermarkets in Portugal to limit customers' sugar purchases.

EU faces fight with 'critically low' sugar stocks
Agrimoney.com

"High world prices for sugar continue to have a negative effect on sugar imports, despite the temporary lifting of the EU import duty," the report said. ...

EU - For the 2011/2012 marketing year it is estimated that fixing the quantitative limit initially at 650 000 tonnes, in white sugar equivalent, for out-of-quota sugar exports and 50 000 tonnes, in dry matter, for out-of-quota isoglucose would correspond to the market demand.

Commission Implementing Regulation (EU) No 372/2011 of 15 April
Eur-lex.europa

in white sugar equivalent, for out-of-quota sugar exports and 50 000 tonnes, in dry matter, for out-of-quota isog lucose would correspond to the market ...

Sudan - Italian Firm Says It Reached Deal to Build Sugar Refinery With Kenana

Sudan: Italian Firm Says It Reached Deal to Build Sugar Refinery With Kenana
Allafrica

Sudan's major Sugar-sector company, Kenana, has agreed a plan with Italy's leading Sugar-producer, Eridania Sadam, to build a joint sugar refinery whose output will be sold in Europe and Africa.

Sugar and Integrated Industries Co. of Egypt plans to import 1 million metric tons of raw sugar before the end of the year, said Chairman Hassan Kamel.

Egypt's SIIC to Import 1 Million Tons of Raw Sugar This Year
Bloomberg

By Ola Galal - Sun Apr 17 11:16:22 GMT 2011 Sugar and Integrated Industries Co. of Egypt plans to import 1 million metric tons of raw sugar before the end of the year, said Chairman Hassan Kamel. The Cairo-based company has enough sugar stockpiles to ...