Friday, 29 January 2010

Ugandan Sugar Production May Rise 11% in 2010, Cane Group Says

Ugandan Sugar Production May Rise 11% in 2010, Cane Group Says
Bloomberg

29 (Bloomberg) -- Ugandan sugar production may rise 11 percent this year as the nation's three largest factories increase capacity, the Uganda Sugar Cane ...

Sugarflows - Latest projections for forward sugar prices and trades on the international market for all major countries and types.

The latest projections for forward prices and trades on the international market for all major countries and types have been made available for viewing.

Sugarflows

The latest analysis takes into account current Supply/Demand figures from the ISO and includes updates on trade costs and tariffs from the WTO.

Wednesday, 27 January 2010

The Philippines defers implementation of tariff cuts on sugar

RP defers implementation of tariff cuts on sugar ...

Under the CEPT, the Philippines should have lowered the tariff on sugar to 28 percent by 2009 and to 0-5 percent by 2010 but the country appealed to its ...

EU agriculture commissioner - "out-of-quota sugar produced in the EU can be exported without violating the EU's WTO subsidy commitments."

Sugar processors allowed to offload surpluses
FarmersWeekly

Under WTO rules, the EU is normally only allowed to export 1.374m tonnes of sugar a year. But following a bumper harvest, the current EU surplus is ...

The European Commission proposed to allow exports of an additional 500,000 metric tons of sugar above the 27-nation bloc’s quota

EU Proposes Additional 500000 Tons of Sugar ExportsUpdate1 ...

The European Commission proposed to allow exports of an additional 500000 metric tons of sugar above the 27-nation bloc's quota as a “temporary” measure in ...

Iraq issues tender for 200,000 T white sugar

Iraq issues tender for 200,000 T white sugar
Trade Arabia

Iraq has issued a tender to buy up to 200,000 tonnes of white sugar from origins in Brazil, Britain, the UAE, France, Belgium, Thailand or Argentina, the Trade Ministry said in a statement.

The tender documents floated by Trading Corporation of Pakistan (TCP) for the import of 350,000 metric tons sugar are "tailor-made" to suit a particular Dubai-based refinery,

0.35 MILLION TONS OF SUGAR IMPORT TENDER DOCUMENTS TO SUIT ...
Business Recorder

The tender documents floated by Trading Corporation of Pakistan (TCP) for the import of 350000 metric tons sugar are "tailor-made" to suit a particular ...

Tuesday, 26 January 2010

Cambodia’s first sugar-processing plant for more than 40 years began operations Monday


Hun Sen inaugurates sugar-processing plant

Phnom Penh Post

[The factory opening] is a good start again for the sugar industry." CAMBODIA'S first sugar-processing plant for more than 40 years began operations Monday. ...

United Arab Emirates (UAE) has offered sugar to Pakistan on deferred payment to overcome sugar crisis,

UAE offers sugar on deferred payment
Business Recorder Mon, 25 Jan 2010 15:49 PM PST

In a letter addressed to Finance Minister Senator Shaukat Tarin, the UAE government has confirmed delivery of sugar within 14 days of opening of Letter of Credit (L/C) and have readily agreed to supply white sugar as per PSQCA regulations and would comply with the standards in Pakistan.

Imported corn-based ethanol from the US could help ease ethanol prices in Brazil that have been rising because of increasing demand and heavy rains

US ethanol imports could temper rising prices - analyst, Brazil ...
By João Carvalho

Imported corn-based ethanol from the US could help ease ethanol prices in Brazil that have been rising because of increasing demand and heavy rains that have delayed the sugarcane harvest, Julio Maria Borges, a director at sugar and ...
Brazilian sugarcane and ethanol industry association Unica has already asked the government to scrap the 20% tariff imposed on imported ethanol. Brazil should set an example for the world by removing tariffs in order to stimulate other ...

Pakistan - THE federal government has decided to procure 0.5million to 1 million tonnes of sugar from local market as buffer stock and started negotiations with sugar millers

Govt to procure sugar for price manipulation
The News International

The decision was made in view of the surging trend of sugar prices in local as well as international market. The government will purchase sugar for market ...

Monday, 25 January 2010

India - Nearly 750,000 tonnes of imported sugar are stuck at the Kandla and Mundra ports

Raw sugar piles up at ports
Business Standard

Nearly 750000 tonnes of imported sugar are stuck at the Kandla and Mundra ports even as prices skyrocket in the domestic market. That's because the sugar ...

China, the world’s third-biggest producer of sugar, plans to raise output to 17 million metric tons by 2015

China Plans to Raise Sugar Output to 17 Million Tons in 2015
Bloomberg Mon, 25 Jan 2010 04:39 AM PST

Jan. 25 (Bloomberg) -- China, the world's third-biggest producer of sugar, plans to raise output to 17 million metric tons by 2015, the Ministry of Agriculture said.

Indonesia - Annual sugar demand by 2014 was expected to be 5.7 million tons

Investors To Build Sugar Factories in Indonesia
JAKARTA GLOBE

Thirty-two investors have committed to build new sugar factories over the next four years as part of the government’s plan to become self-sufficient in sugar by 2012.

Colombia - Asocaña, indican que la producción de la industria azucarera se reducirá este año 10% por cuenta del verano.


La sequía desapareció el río Frayle

El Pais - Cali Colombia

Estimaciones de la Asociación de Cultivadores de Caña de Azúcar de Colombia, Asocaña, indican que la producción de la industria azucarera se reducirá este ...

Trade minister said on Monday that Indonesia's white sugar needs until May were estimated at around 1.1 million tonnes

Indonesia Sees Sugar Deficit Over 500000 T by April
FLEXNEWS

... 531000 tonnes by the end of April to lead to further imports into Southeast Asia's biggest sugar consumer, helping support a tight global sugar market. ...

The Sugar Board of Tanzania (SBT) had applied for the importation of 80,000 tonnes of domestic sugar

Tanzania needs 80000 tonnes of sugar to offset shortage
Daily News

The country's sugar demand annually is more than 330000 tonnes, while all four industries namely TPC, Kilombero Sugar Company, Kagera Sugar Company and ...

Brazil - BNDES plans to establish a credit line of 2.5 billion reais to create ethanol reserves

Brazil to Create Ethanol Reserves
Latin American Herald Tribune

The reserves will help stabilize Brazil's ethanol market, which has seen prices rise in the wake of heavy rains that affected the sugar harvest, ...

Sunday, 24 January 2010

Australia - Cane production could be 10 per cent higher and sugar output up 5 per cent on 2009, industry group Canegrowers says

Sweeter yields ahead for sugar
Courier Mail

"The potential is there for a good 2010 crop and we're looking at sugar prices which in Australian-dollar realised terms are at 30-year highs. ...

Zimbabwe - TRIANGLE Sugar Limited, has recorded a four percent drop in sugar production after producing 286 000 tonnes

Triangle sugar production drops 4pc
The Sunday Mail

“The overall objective of the ZSAS is to contribute to a return to pre-2006 peak sugar production levels and to restore livelihood in the Lowveld sugar ...