Friday, 26 March 2010

Tanzania – SUGAR consumers may soon be relieved following the East African Community’s move to endorse importation of 65,000 tonnes of the commodity

EAC approves over 60000 tonnes sugar import
Daily News

Already according to him 23 certified private dealers have been approved to import sugar and licences are being issued to some of them If all goes well

“At the moment we have ample sugar stocks to supply PNG until our 2010 sugar season starts in a few weeks time but not sufficient stock available to justify any export,” / Nick Thompson, the chief executive officer of New Britain Palm Oil Limited

No PNG sugar for world market
By ERIC TAPAKAU PAPUA Post Courier

New Guinea has no plans to export sugar to cyclone devastated Queensland after the Australian state’s sugar industry was hit by

The Office of the United States Special Trade Representative (USTR) in Washington recently announced a country-specific reallocation of the fiscal year 2010 tariff rate quota (TRQ) for imported raw cane sugar.

USTR Makes More Sugar Available for Import | Imperial Sugar…
By isc

USTR Makes More Sugar Available for Import · isc | Mar 26, 2010. The Office of the United States Special Trade Representative (USTR) in Washington recently announced a country-specific reallocation of the fiscal year 2010 tariff rate

Thursday, 25 March 2010

Mexico assigns 210300 T of sugar imports

Mexico assigns 210300 T of sugar imports | Deals ...

Mexico seeks to cover a deficit from lower harvest * Cargill, Bunge, Czarnikow some of the biggest buyers (Adds details about buyers, sugar harvest, ...

Cuba eyes foreign investment to halt sugar decline

Cuba eyes foreign investment to halt sugar decline By Reuters

HAVANA March 25Reuters Cuba may open sugar production to foreign investors for the first time since the 1959 revolution as it seeks to reverse the once ...

The Trading Corporation of Pakistan has no funds for opening Letter of Credit for import of 200,000 tons sugar

TCP has no money to pay for LC
Business Recorder Wed, 24 Mar 2010 17:06 PM PDT

KARACHI (March 25 2010): The Trading Corporation of Pakistan has no funds for opening Letter of Credit for import of 200,000 tons sugar, as the credit limit of Rs 110 billion sanctioned by banks has exhausted.

Pakistan - Minister for Industries and Production on Wednesday informed that as on March 17 total 2.964 million tones of sugar has been produced during the season.

2.964m tonnes sugar produced, NA told
Daily Times

Bijrani said decisive steps are being taken to scale up the production of sugar in the long term as per sugar policy 2009-10. He said sugarcane price is ...

Wednesday, 24 March 2010

India - Sugar output in Andhra Pradesh has declined 15 per cent to 5.03 million quintal for the year 2009-10

AP sugar output down 15%
Business Standard

Of the 35 sugar factories, crushing at 32 units closed by March 15 and the remaining three are in the last leg of operations. One more sugar factory will be ...

The physical market for raws came to a standstill as Thai premiums roared to a 16-year high at 300 points after New York futures hit a 9-month low.

China buys white sugar, India wants to renegotiate
Reuters India

Some dealers had estimated that India contracted to buy around 900000 tonnes of white sugar in the crop season which began in October last year. Continued. ...

Brazil’s output will climb to 40.5 million tons in the next season, Indian mills will boost output by 7 million to 8 million tons FO Licht

F.O. Licht Sees Global Sugar Surplus, Price Decline Next Season
Bloomberg Tue, 23 Mar 2010 05:55 AM PDT

March 23 (Bloomberg) -- Sugar output will exceed demand by 5 million metric tons in the next season after two years of shortfalls as Brazil, India and China boost production, F.O. Licht GmbH said.

The U.S. Trade Representative is trying to attract more sugar to the U.S. from foreign suppliers by taking away trade incentives from countries that don't have the sugar

DJ USTR Tries To Coax More Sugar Imports From Foreign Suppliers

28 set its overall tariff rate quota for sugar imports in FY 2010 at 1231497 short tons. The TRQ protects domestic producers from having to compete with too ...

Mexico's 2009-10 sugar harvest produced 2,936,258 metric tons of semi-refined standard sugar through March 20, down 12% on the year, the National Sugar Cane Growers Union said Tuesday

* Mexico 2009-10 Sugar Harvest To March 20 -12% At 2.936M Tons
Dow Jones Commodities News via Comtex Dow Jones Newswires

Releasing its 19th weekly harvest update for the new crop cycle (November-October), the chamber said this compares to output of 3,354,197 tons at this time of the harvest in the 2008-09 crop year.

Honduras - Se espera una producción de 9.1 millones de quintales, un 70 por ciento se consume en el país, un cinco por ciento se exporta hacia Estados Unidos y el 25 por ciento restante a otros países del mundo

No descartan especulación en los precios de la azúcar
La Tribuna (Honduras)

La Asociación de Productores de Azúcar (APAH), alertó sobre la posibilidad que se experimente un fenómeno de especulación con los precios del grano dulce en ...

Tuesday, 23 March 2010

India - Sugar production in Maharashtra has risen by over 28 per cent to 5.74 million tonnes (m.t.) so far in the ongoing 2009-10 season, ending September.

Sugar production up 28% in Maharashtra
Hindu Business Line

NEW DELHI: Sugar production in Maharashtra has risen by over 28 per cent to 5.74 million tonnes (mt) so far in the ongoing 2009-10 season, ending September. ...

Heavy rains in Indonesia’s main producing regions will delay crushing by at least two weeks,

Sugar Crushing in Indonesia Delayed for Two Weeks by Heavy Rain
BusinessWeek

... raising concern the country will miss its output target and rely on white sugar imports for a second consecutive year. Sugar mills in Java, ...

Australia - Sugar cane production in the Proserpine area of Australia may be cut by as much as 20 percent because of cyclone damage, the Queensland state government said.

Australia's Proserpine Sugar Crop Reduced by 10%-20%
BusinessWeek

“There is a significant amount of cane blown over and this will have implications with lower harvest tonnage and sugar content, Minister for Primary ...

Australia - Queensland’s sugar crop has taken a hit from Cyclone Ului, Primary Industries Minister Tim Mulherin says.

Qld sugar crop takes hit from cyclone
Brisbane Times

The cyclone has damaged sugarcane crops in the Mackay and Proserpine region the Member for Mackay saidMuch of the damaged cane that has been blown over in ...

Monday, 22 March 2010

Pakistan Buys 200000 Tons of Sugar from Dubai's Al-Khaleej Sugar Co. at $596.10 ...

Pakistan Buys 200000 Tons of Sugar to Curb Prices
BusinessWeek

By Farhan Sharif March 22 (Bloomberg) -- Trading Corp. of Pakistan purchased 200000 metric tons of white sugar from Dubai's Al-Khaleej Sugar Co. at $596.10 ...

India - UP finished sugar output to reach 6 mt

UP finished sugar output to reach 6 mt
Business Standard

... which could take the total finished sugar output in UP in the vicinity of 6 million tonnes,” an industry spokesperson told Business Standard. ...

Philippines - The government is pushing through with its ‘export replacement’ scheme where 90,000 tons of sugar exported last year would be imported by concerned traders to boost local stocks.

Sugar "export replacement" scheme to start
Inquirer.net

... its "export replacement" scheme where 90000 tons of sugar exported last year ... its importation of sugar by as much as 75000 tons under the tariff-rate ...

Rwanda - Madhvani can only produce 13.000 tonnes of sugar, making only 31 percent of the sugar consumed by the entire nation.

Rwanda: Madhvani Production Still Low- PM
AllAfrica.com

Kigali — Despite the government allocating a huge chunk of land to Madhvani Group, the proprietor of Kabuye Sugar Works, it is still not producing enough ...

EAST AFRICA: Impatient EU Pushes for Progress on EPA Trade Deal with transition periods for rice and sugar.

EAST AFRICA: Impatient EU Pushes for Progress on EPA Trade Deal
Inter Press Service

... declining tariff revenue, and damage to local industry from EU imports. ... tariffs on EAC goods imports, with transition periods for rice and sugar. ...

Algeria - Une nouvelle raffinerie de sucre sera réalisée par un opérateur privé.

Le groupe La Belle réalisera une raffinerie de sucre
Le temps d'Algérie quotidien national

Une nouvelle raffinerie de sucre sera réalisée par un opérateur privé. Il s'agit du groupe agroalimentaire La Belle. Le projet sera concrétisé en ...

Tunisia - consommation en sucre s’est élevée à 341 mille tonnes en 2009, contre 336 mille tonnes en 2008.

Tunisie/Consommation : les limites de la compensation
GlobalNet Tunisie

Entre-temps, le sucre qui a vu ses cours internationaux caracoler, a renoué avec une tendance baissière. Mais, il est peu probable que son prix diminue sur ...

China February Sugar Imports Down 96% On Year At 6,137 Tons

Investorscom DJ China February Sugar Imports Down 96% On Year At ...
BEIJING Mar 21 2010Dow Jones Commodities News Select via Comtex

China's sugar imports in February fell 96% from a year earlier to 6137 metric tons the ..

Russia - El consumo del azúcar en Rusia, según las previsiones de Soyuzrossakhar, se incrementará este año en un 2%, y alcanzará los 5,3 millones de toneladas

Rusia podría aumentar su producción azúcar en un 11%
Agrodigital

La producción de azúcar en Rusia se incrementará este año el 11%, pasando de 5,05 millones de toneladas a 5,6 millones de toneladas, según manifestó el ...

Sunday, 21 March 2010

Zimbabwe’s sugar production during the period ending December 2009 dropped 4 percent to 258 713 tonnes compared to 297 865 tonnes produced the previous year.

Hippo Valley in drive to increase cane yields
The Herald

The company said during the period, Zimbabwe sugar industry sales to the domestic market stood at 153 000 tonnes. Zimbabwe's sugar production during the ...

Banglasdeh - The government has banned sugar export to rein in its soaring prices

Govt bans sugar export to cool prices, boost supply
Financial Express Bangladesh

"We were trying to attain duty free access of our sugar to China, which is now the world's fastest growing sugar market," said Mustafa. ...