Saturday, 14 August 2010

United States - The decision, appears to effectively ban the planting of the genetically modified sugar beets, which make up about 95 percent of the crop,

Judge Revokes Approval of Modified Sugar Beets
New York Times

Beets supply nearly half the nation's sugar, with the rest coming from sugar cane. Sugar beet growers sold the 2007-8 crop for about $1.335 billion, ...

Friday, 13 August 2010

Bangladesh also depends almost entirely on sugar import to meet annual demand of around 14 lakh tons when local production is only 1.25 lakh tons

Bangladesh set to get benefit from Indian sugar export
The New Nation

Bangladesh also depends almost entirely on sugar import to meet annual demand of around 14 lakh tons when local production is only 1.25 lakh tons. ...

Ukraine - In the domestic market, as of August 1 the carryover stock made 437,000 tons, while average domestic consumption in summer months ranges from 150,000 to 170,000 tons a month.

Economy Ministry Describes Price Situation At Sugar Market As Stable, Sees No ...
Ukrainian News Agency

The Ministry of Economy describes the price situation at the internal sugar market as stable and sees no reasons for price surge in future," deputy economy ...

The Office of the United States Trade Representative (USTR) today announced the country-specific in-quota allocations under the tariff-rate quotas on imported raw cane sugar, refined and specialty sugar and sugar-containing products for Fiscal Year (FY) 2011

Sugar TRQ Announced
USTR

The Office of the United States Trade Representative (USTR) today announced the country-specific in-quota allocations under the tariff-rate quotas on imported raw cane sugar, refined and specialty sugar and sugar-containing products for Fiscal Year (FY) 2011

Indonesia - Trade Minister Mari Elka Pengestu said the government planned to import sugar this year to build stocks in 2011

Govt to import sugar to secure 2011 stock
Jakarta Post

M Yamin of AGRI, said refined sugar industry must be able to meet the annual demand of 600000 tons. Chairman of Food and Beverage Businessmen's Association ...

Industry estimates put losses at 500,000 tons, meaning Pakistan’s imports may be closer to 900,000 tons, he said.

Wheat Stocks, Sugar Cane, Rice Crops Ruined by Pakistan's Worst Flooding
BusinessWeek Thu Aug 12 12:14:55 GMT 2010

Pakistan's deadliest floods in its history damaged more than a million acres of sugar ...

Projected U.S. sugar supply for fiscal year 2010/11 is increased 506,000 short tons, raw value, from last month

August 2010 WASDE Report on Sugar
Posted: 12 Aug 2010 12:37 PM PDT

Projected U.S. sugar supply for fiscal year 2010/11 is increased 506,000 short tons, raw value, from last month, due to higher beginning stocks, production, and imports, reports USDA in its August 12 WASDE report.

Wednesday, 11 August 2010

India, the largest sugar user, may allow export of about 590,000 metric tons of the commodity stuck at ports for the last nine months

India Said to Allow Export of 590000 Tons Sugar Stuck at Ports for Months
Bloomberg

... stocks available in the country,” RL Tamak, business head for sugar at the Indian unit of Olam International Ltd. “We'll have a good crop next year. ...

Tuesday, 10 August 2010

The drought could also force Russia to cut beet sugar output to 3.2 million-3.5 million tonnes from an earlier expected record 4 million

Russia may extend grain export ban as crops shrink [ WORLD ...
WORLD BULLETIN- TURKEY NEWS, WORLD NEWS

Russia set its previous beet sugar refining record in 2008, when it refined 3.5 million tonnes from that year's harvest. The crop declined to 3.2 million tonnes in 2009 as farmers cut the area sown to sugar beets. Reuters ...

China's government said it will sell sugar from state reserves to stablise market prices for the fourth time so far this year

China to sell 150000 T of state sugar
Alibaba News Channel BEIJING, Aug 10 -

China's government said it will sell sugar from state reserves to stablise market prices for the fourth time so far this year. ...

South Korea's government said Tuesday that it will ease tariff duties on sugar imports by the end of this year in an effort to stabilise prices in the domestic market

South Korea To Reduce Tariff On Sugar Imports To Stabilize Prices
Bernama SEOUL, Aug 10 (Bernama) --

South Korea's government said Tuesday that it will ease tariff duties on sugar imports by the end of this year in an effort to ...

The Trading Corporation of Pakistan (TCP) has awarded tender for import of 205,000, metric tons of sugar to the lowest bidder, M/s. Al Khalij Sugar Co. Dubai at a price of $ 674.80 per ton C&F for break bulk and $ 669.80 per ton C&F for containerized shipment.

TCP awards another tender for sugar import
Karachi

The Trading Corporation of PakistanTCP has awarded tender for import of 205000 metric tons of sugar to the lowest bidder Ms Al Khalij Sugar Co Dubai ...

Sunday, 8 August 2010

The Arabian Sugar Company (ASC) announced building a sugar firm in Bahrain with a cost of $150m to produce 585,000 tones of sugar a year.

Sugar Factory in Bahrain to Start Production in 2011
Manama August 08QNA

The Arabian Sugar CompanyASC announced building a sugar firm in Bahrain with a cost of $150m to produce 585000 tones of sugar a year The ...