Sugar producers should sell into the strong market, Goldman Sachs has said, even as it raised its forecasts for prices of the sweetener for the next 12 months

Goldman lifts sugar price hopes but market slumps
Agrimoneycom

The latest UK and international news, comment and analysis on soft commodities, agriculture companies and farm investment from Agrimoney.com.

Vietnam will import 280,000 tons of sugar this year to prevent the price of the sweetener from surging further on the local market, said the Ministry of Industry and Trade.

Sugar imports cleared to prevent price spike
Thanh Nien Daily

Vietnam will import 280000 tons of sugar this year to prevent the price of the sweetener from surging further on the local market, said the Ministry of ...

Barbados - This year's sugar's crop will begin Monday and work is ongoing at the sugar factories.

It remains to be seen how productive this year's crop will be as Barbados has been recording low rainfall since the latter quarter of last year
Nation News Home

Monday start for sugar crop. Published on 2/5/2010. This year's sugar's crop will begin Monday and work is ongoing at the sugar factories ...

Guadeloupe - en prévision une récolte 2010 nettement meilleure que celle de l'année passée.

ECONOMIE. Canne à sucre : 1, 2, 3, partez !
RFO

L'économie de la Guadeloupe suspendue au démarrage de la saison de la canne, avec en prévision une récolte 2010 nettement meilleure que celle de l'année ...

Sugar fell the most in three months in New York as the dollar gained against the euro

Raw Sugar Drops Most in Three Months as Dollar Gain Cuts Demand
Bloomberg Thu, 04 Feb 2010 12:54 PM PST

Feb. 4 (Bloomberg) -- Sugar fell the most in three months in New York as the dollar gained against the euro and as stocks around the world slumped, reducing investor demand for the commodity.

very little of the sugar Myanmar produces is exported, the CSO figures show. In the first seven months of the 2009-10 fiscal year, the country exported just 45,400 metric tonnes

Industry groups work to strengthen sugar trade
Myanmar Times
MYANMAR'S sugar industry must become more competitive if it is to survive once sugar imports are allowed in 2015, ...

India - According to official data, sugar mills, traders and food processors have signed contracts with overseas producers to import over 1.2 mt, including 1.04 mt of raw variety, so far since January 8, 2010

Mills, others import 1.2 mt sugar in a month
Business Standard

During a meeting with Prime Minister Manmohan Singh recently, the sugar industry has said that no fresh contracts could be signed unless there is an “import ...

Imports may surge to as much as 600,000 metric tons this year - president of Mexico’s chocolate and candy makers association

Mexico Sugar Imports May Rise to Highest in 16 Years on Drought
Bloomberg

1, after rains in Brazil and a weak monsoon in India curbed output from the world's two largest sugar producers. Global sugar demand is set to exceed supply ...

China's sugar output is likely to fall below 11 million tonnes because of a drought, while demand is seen exceeding 14 million tonnes in the year ending September, Liu Hande, Vice Chairman of the China Sugar Association.

China sees larger sugar exports, lower output -sr official
Alibaba News Channel

BEIJING, Feb 4 - China is likely to export 200000- 300000 tonnes of white sugar to Southeast Asia in the current marketing year to take advantage of higher ...

Thailand - Production in the crop year that started in November is estimated to be about 7.2 million metric tons

Thai Sugar Production May Miss Target on Lower YieldUpdate1 ...
Bloomberg

Sugar output from Thailand, the world's second-biggest exporter, may miss a previous forecast this crop year as warmer-than-expected weather lowers yield, ...

Mexico 2009-10 Sugar Harvest Down 5.6% To Jan 30 At 1.449M Tons

DJ Mexico 2009-10 Sugar Harvest Down 5.6% To Jan 30 At 1.449M Tons
MEXICO CITY, Feb 03, 2010 (Dow Jones Commodities News via Comtex)

Mexico's new 2009-10 sugar harvest produced 1449448 metric tons of semi-refined ...

EPA Reaffirms Sugarcane Biofuel is Advanced Renewable Fuel with 61% Less Emissions than Gasoline

EPA Reaffirms Sugarcane Biofuel is Advanced Renewable Fuel with 61% Less ...
PR Newswire (press release)

... especially the state of Sao Paulo, which accounts for about 50% of the country's sugarcane harvest and 60% of total ethanol production. ...

India - Govt may cut bulk sugar users' stock norm to 10-day requirement

Govt may cut bulk sugar users' stock norm to 10-day requirement
Business Standard

Currently, bulk users including confectioners, cola companies and some others, comprise 64 per cent of the total sugar market in the country. ...

Dominican Republic - INAZUCAR said a production of 520,000 tons of sugar is expected this year

Dominican sugar production to top 520000 tons as expected ...
Dominican Today

SANTO DOMINGO.- The head of Dominican Republic’s Sugar Institute (INAZUCAR) said a production of 520,000 tons of sugar is expected this year, which is similar to what’s been the country’s annual output in the last five years.

Ukraine's Ministry of Economy is holding negotiations on the importation of additional volumes of sugar minister, Bohdan Danylyshyn has told the press

Economy Minister talks about sugar import News NRCU

Economy Minister talks about sugar import, News, NRCU.

Ukraine used 59 percent of its sugar import quota for this year as of Feb. 1, the Economy Ministry said

Ukraine Uses 59% of Sugar Import Quota, Economy Ministry Says ...
Bloomberg

Feb. 3 () -- Ukraine used 59 percent of its sugar import quota for this year as of Feb.

Iraq - Irak permite compras directas de azúcar, evita licitaciones

Irak permite compras directas de azúcar, evita licitaciones ...

No necesita realizar subastas * Irak consume 60.000 toneladas de azúcar al mes BAGDAD, feb 2 (Reuters) - El Gobierno iraquí autorizó el martes al ministro ...

India - Maharashtra’s sugar production ending September will be 6.25 per cent higher at 5.1 million tonnes. Uttar Pradesh (UP), sugarcane diversion continues to remain high.

Maharashtra sugar output to rise 6.25%
Business Standard

A sweet surprise is in store for Maharashtra as the state's sugar production in the current season ending September will be 6.25 per cent higher at 5.1 ...

Court rejects Australia CSR sugar demerger

(AFX UK Focus) 2010-02-03 04:31 UPDATE 1-Court rejects Australia CSR sugar demerger
Interactive Investor Tue, 02 Feb 2010 20:57 PM PST

WELLINGTON, Feb 3 (Reuters) - An Australian court rejected conglomerate CSR Ltd's planned demerger of its sugar business on Wednesday, which analysts said has increased the chance of a fresh takeover offer for the business. The Federal Court in Sydney turned down CSR's application, saying it would hamper its ability to meet its liabilities relating to asbestos claims. CSR halted trading in its ..

Philippines - Gov't completes rules for duty-free sugar shipments

Gov't completes rules for duty-free sugar shipments
BusinessWorld Online

All others, he said, will only be allowed to import 1000 MT of sugar each. Industrial users account for 50% of sugar consumption while 32% are consumed by ...

The UkrSugar national association of Ukrainian sugar makers - "we believe the acreage will increase to 450,000 hectares,"

UkrSugar predicts sugar beet sowing on 450000 hectares in 2010
UkrAgroConsult

In 2009 sugar beet was sown on 330000 hectares. The beet harvest was 10 million tons, and the production of sugar made 1.267 million tons. ...

India’s government asked mills to sell the sweetener on a weekly basis this month from fortnightly sales, the Food Ministry said, as it seeks to boost supplies.

India Asks Mills to Sell Sugar on a Weekly Basis
Bloomberg

India's sugar production in the year ending Sept. 30 may total 15 million metric tons, lagging behind consumption of 23 million tons, Vivek Saraogi, ...

“The foundation for the end of the sugar boom is currently being laid,” FO Licht.

End of Sugar Boom in Sight on 'Huge' Brazil Output
Bloomberg

The cane harvest in Brazil will probably rise to 50 million tons in 2010-2011, from an estimated 35 million tons in the current year, because high prices ...

Secretaria de Comércio Exterior (Secex) do Ministério do Desenvolvimento, apontam que as exportações de açúcar somaram 1,779 milhão de toneladas em janeiro

Receita com exportação de açúcar sobe 34,27% em janeiro
Zero Hora

A receita brasileira com a exportação de açúcar em janeiro foi de US$ 763,2 milhões, queda de 17,76% em relação aos US$ 928,1 milhões faturados em dezembro ...

Billionaire George Soros’s Adecoagro venture, is considering an initial public offering to help fund projects in Brazil that include a $700 million sugar mil

Soros-Backed Venture Weighs IPO to Fund $700 Million Sugar Mill
BusinessWeek

... Brazil that include a $700 million sugar mill. “We never had difficulties in raising capital from shareholders, but if market conditions are attractive, ...

The European Investment Bank (EIB) has agreed to provide a EUR 15m loan to Omnicane to construct two sugar refineries in Mauritius

European Investment Bank to fund sugar reform in Mauritius
The FINANCIAL

The investment is part of a wider adaptation strategy developed for the Mauritian sugar sector by both industry and government to ensure the long term ...

Australia - Queensland Sugar Ltd, expects 2010/11 exports to rise to 3.0-3.1 million tonnes

INTERVIEW-Queensland Sugar sees 2010/11 exports rising
Alibaba News Channel

"The 2009 season produced 32 million tonnes of cane that turned into 4.2 million tonnes of raw sugar production and an export programme of some 2.9 million ...

EU - productores de remolacha recibirán una ayuda de 48,25 euros por tonelada de azúcar blanco durante la campaña de comercialización 2010/2011

El azúcar blanco recibirá una ayuda de 48,25 euros por tonelada
Agrocope

... productores de remolacha recibirán una ayuda de 48,25 euros por tonelada de azúcar blanco durante la campaña de comercialización 2010/2011 y 2011/2012. ...

Mali - La production nationale pour la campagne 2009-2010, 36 000 tonnes. Les besoins nationaux de consommation, 150 000 tonnes. Le GAP à importer, 114 000 tonnes.

Problématique du sucre : « Le sucre commence à être amer », dixit ...
reussirbusiness.com

(Le Quotidien de Bko) Echanger sur la problématique et l'approvisionnement du pays en sucre. Tel était l'objet d'une conférence de presse animée par le ...

Pakistan - Commodity Exchange Commission: PSMA seeks government assent to sugar trading

Commodity Exchange Commission: PSMA seeks government assent to sugar trading
Business Recorder Mon, 01 Feb 2010 15:57 PM PST

ISLAMABAD (February 02 2010): The Pakistan Sugar Mills Association (PSMA) has urged the government to allow sugar trade at Commodity Exchange Commission aimed at keeping its price at a reasonable level and reduce the element of manipulation.

Shell, Cosan Plan Ethanol, Fuel Distribution Venture in Brazil

Shell, Cosan Plan Ethanol, Fuel Distribution Venture in Brazil
Feb. 1 (Bloomberg) --

Royal Dutch Shell Plc and Cosan SA Industria & Comercio are seeking to merge fuel-distribution and ethanol assets in Brazil as part of an accord that may give them shared control of the world’s largest sugar-cane processor.

Nepal - Govt to import sugar from Brazil

Govt to import sugar from Brazil
The Kathmandu Post

National Trading Corporation (NTL) and Salt Trading Corporation (STC) have jointly taken a new initiative to import 12,500 tons of Brazilian sugar following delays in procuring old consignments from Brazil and Thailand.

Ethanol - Understanding the Market and Prices

Ethanol - Understanding the Market and Prices -
Haxo Bioenergy

It is true that in the past, the Brazilian government controlled the prices of sugar, ethanol and many other commodities. However, there is broad consensus that deregulation in the 1990s produced significant efficiency gains and ...

Philippines, may need to keep buying through the 2010-2011

Philippines May Extend Sugar Imports to Fill Export Quotas
Bloomberg

2 (Bloomberg) -- The Philippines, planning its first sugar imports in eight years, may need to keep buying through the 2010-2011 crop year as an El ...

United States - Sugar Monthly Import and Re-Export Data Report

Sugar Monthly Imports Circular —
USDA

U.S. Sugar and Sugar-Containing Product Tariff-Rate Quota (TRQ) Allocations and Entries by Month Under Free Trade Agreements (.pdf) ...

Cargill seeks licence for Egypt sugar plant: paper

Cargill seeks licence for Egypt sugar plant: paper
Reuters South Africa

"The final approval for Cargill's sugar refinery is part of the government's plan to encourage sugar production to decrease the gap between supply and ...

India - the central government has released a higher non-levy (free-sale) sugar quota for next month.

More non-levy sugar to meet festive demands
Express India Fri, 29 Jan 2010 12:59 PM PST

To tide over increased demand for sugar during the coming festival months and marriage season, the central government has released a higher non-levy sugar quota for next month.

Ukraine - Parliament's agrarian committee suggests cancellation of state controls on sugar market

Chairman of parliament's Agrarian Policy and Land Committee Mykola Prysiazhniuk has proposed the canceling of the law on state controls on the production and sale of sugar.
KYIV Post Fri, 29 Jan 2010 10:58 AM PST

Chairman of parliament's Agrarian Policy and Land Committee Mykola Prysiazhniuk has proposed the canceling of the law on state controls on the production and sale of sugar.

China Traders estimated sugar output in Guangxi, the country's largest sugar producing area, would fall by about 300,000 tonnes from 2008's 7.63 million tonnes.

Drought hits China's Guangxi
AsiaOne Sat, 30 Jan 2010 17:02 PM PST

BEIJING (Reuters) - THE southern Chinese sugar-producing region of Guangxi is suffering from a prolonged drought which has left almost a quarter of a million people without enough drinking water, state media said on Saturday.