Friday, 16 July 2010

Sugar Special Report @ ERS

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A new Sugar Special Report is available from USDA ERS.

See all new items at http://www.ers.usda.gov/WhatsNew/



This update covers Monday, July 12, 2010 to Friday, July 16, 2010




SUGAR AND SWEETENERS OUTLOOK



Examines world and U.S. production, consumption, trade, stocks, and prices for beet and cane sugar, and high fructose corn syrup.

Released Tuesday, July 13, 2010

See http://www.ers.usda.gov/Publications/SSS/



This notification service is provided by the USDA's Economic Research Service to keep you informed on the latest and most relevant research on the topics that interest you. You can change or cancel your subscription at http://www.ers.usda.gov/Updates/

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Thursday, 15 July 2010

Wednesday, 14 July 2010

How to Model the Sugar Market - a bottom-up approach.

How to Model the Sugar Market - a bottom-up approach

Sugarflows.

A focus on the main participants and their activities in the sugar market is used to develop a model that provides an updated outlook on forward prices, volumes within a formal structure.

Sugar output in Brazil’s Center South, the world’s largest producing region, will rise less than expected this year as dry weather harms crops, industry group Unica said.

Brazil Sugar-Cane Dryness to Pare Output This Year, Unica Says
BusinessWeek

July 13 (Bloomberg) -- Sugar output in Brazil's Center South, the world's largest producing region, will rise less than expected this year as dry weather ...

The July issue of the SUGAR AND SWEETENERS OUTLOOK is available

The July issue of the SUGAR AND SWEETENERS OUTLOOK is available in PDF format. You are able to view this publication at:

http://usda.mannlib.cornell.edu/MannUsda/viewDocumentInfo.do?documentID=1386

Peru - Government to sell its shares in 5 sugar mills at end of this year.

Gobierno pondrá a la venta sus acciones de azucareras a fines de año
El Comercio

Participación estatal en Andahuasi, Tumán Paramonga, Pomalca, Laredo y Chucarapi desaparecería a fines del tercer trimestre

Analysis of USDA July WASDE Report

Analysis of USDA’s July 2010 WASDE report by Frank Jenkins of The Jenkins Sugar Group

The July 2010 WASDE report from USDA showed an 11.8 % ending stocks/use ratio for 2009-10 and a 9.0 % ending stocks/use ratio form 2010-11. If not for the 270,000 tons of additional imports as per the TRQ increase, the ending stocks/use ratio for 2009-10 would have dropped to 9.3 % from the 10.7 % in the June report.

Russia - The sharp fall in imports on the month is because particularly low raw sugar import duties in May encouraged purchasing that month.

DJ Russia Sugar Imports Plunge On MonthYear In June

The sharp fall in imports on the month is because particularly low raw sugar import duties in May encouraged purchasing that month ...

Mauritius - Over the last five years, some 1800 hectares of land, on average, were abandoned each year, which represents an output of the equivalent of 75 000 tons of sugar.

Patrick d’Arifat : «L’abandon des terres plantées en cannes résulte de la baisse des prix du sucre»
Lexpress.mu

La campagne 2010 s’annonce difficile, avec d’une part une production en baisse, soit 450 000 tonnes d’après la première estimation de la Chambre d’Agriculture, donc moins que la production de ces deux dernières années,........

Thailand, bought back 74,350 tons of sugar at a price of $705 to $720 a tonne after it found the quota of 2.2 million tonnes set aside for the domestic market this year would not be enough to meet demand.

Thailand buys 74350 tonnes of sugar bags
Daily Times

BANGKOK: Thailand, the world's second-biggest sugar exporter, bought back 74350 tonnes of sugar from the world market on Tuesday to tackle a rare domestic ...

Jamaica - Chinese based company, Complant International Sugar Industry Company Limited (CISICL) is to acquire the remaining three government owned sugar factories at the end of the current sugar crop.

Chinese company to acquire sugar factories in Jamaica
Go Jamaica

Chinese based company, Complant International Sugar Industry Company Limited (CISICL) is to acquire the remaining three government owned sugar factories at ...

Brazil - Paranagua port ships 1.3mmt of sugar in first half of year, a new record.

Porto de Paranaguá bate recorde de exportação de açúcar no ...
Zero Hora

A exportação de açúcar pelo Porto de Paranaguá (PR) bateu recorde no primeiro semestre deste ano e foi a melhor dos últimos cinco anos. ...

Tuesday, 13 July 2010

India - Among the major changes that could come through if the decontrol plan sees the light of the day include the elimination of release quotas.

The right sweetener
Business Standard

In addition to these major steps, analysts believe the elimination of sugar stockholding norms for industrial users will also help. India's sugar production ...

F.O. Licht estimated in March that a global deficit of 7.9 million metric tons in the year to Sept. 30 will swing to a surplus of about 5 million tons the next season.

Raw Sugar May Slump to 13 Cents as Global Supply Gains, FO Licht Says
Bloomberg

India may have enough sugar supplies to ship at least 1 million tons in the year from Oct. 1 as the nation enters the export market for the first time in ...

India,EU, Australia, Argentina, El Salvador, Japan - USDA Annual Biofuels reports.



































Biofuels Annual_New Delhi_India_7-1-20107/12/2010 2:56 PM
Biofuels Annual_Canberra_Australia_07-06-20107/12/2010 2:56 PM
Biofuels Annual_Buenos Aires_Argentina_7-6-20107/12/2010 2:55 PM
Biofuels Annual_San Salvador_El Salvador_6-23-20107/6/2010 2:56 P
Biofuels Annual_Tokyo_Japan_6-24-20107/6/2010 2:56 PM
Biofuels Annual_The Hague_EU-27_6-11-20106/29/2010 2:56 PM

From January till May 2010, China imported from Cuba 154,000 tons of sugar, down 39% year-on-year, accounting for 69.4% of China's total import quantity of sugar in the same period

China's Import of Sugar Dropped from January till May 2010 ...

According to China Customs statistics, from January till May 2010, China imported totally 222000 tons of sugar with a value of ...

Indonesia - National sugar output this year is expected to fall 20 percent short of the government-set target of 2.9 million tons because of extreme climate change in recent months, a spokesman said.

Sugar output expected to fall 20 pct
ANTARA News

The high rainfalls during the grand sugarcane harvest time had reduced the sugar content of sugarcane, Chairman of the Indonesian Sugarcane Growers ...

Sunday, 11 July 2010

India - Sugar mills may have to wait till November to fulfill their export obligation of nearly 10 lakh tonnes

Govt may not allow export of sugar till Diwali
Times of India

But at the moment, we cannot allow... as the sugarcane availability and production estimate for the next season is yet to be firmed up," a senior Food ...