Sugar Commodity News @SugarCommodity
World #Sugar Market News | Latest Global Factors Impacting #Sugarcane Prices sugarcommodity.com We Follow Back Joined October 2019-
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#UnitedStates #Louisana | “Rainfall that’s heavier than usual for August may affect #sugarcane crops that were once expected to be robust this year…labor problem..More rain adds to stress..some of the growers only have <1/3of the planting done” $CANE $SGG theadvocate.com/acadiana/news/…
#India | “Delayed payments from the Naraingarh #sugar mills, coupled with the fear of yield loss due to diseases such as top borer, have left #sugarcane farmers worried..spend extra money on fungicides and pesticides to control the disease” $CANE $SGG m.tribuneindia.com/news/haryana/d…
#Pakistan | “As flash floods and overflowing rivers wreak havoc across Pakistan..In Sindh and Punjab provinces, #sugarcane and #cotton crops have been destroyed..” #sugar $CANE $SGG wap.business-standard.com/article-amp/in…
#Bangladesh | “#sugarcane production and acreages in Bangladesh have more than halved in the last two decades as farmers find it difficult to generate a steady stream of profit…incurred huge losses due to damages caused by the floods” #sugar $CANE $SGG thedailystar.net/business/econo…
#India | “#sugar exports are most likely to plunge by 28% to around 8 MMT in the 2022-23 season on expected lower opening balance stock and higher diversion for ethanol… opening balance is expected to be 6 MMT in the 2022-23 season” $CANE $SGG #sugarcane livemint.com/news/india/ind…
#Brazil | “Brazil's center-south #sugarcane crushing fell 13.7% in the first half of August..” #sugar $SGG $CANE marketscreener.com/amp/news/lates…
#Pakistan | “#Sugar industry officials on Tuesday sought govt permission to export 2 MMT of surplus sugar in the current production year..immediately allow exports to liquidate their sugar stocks and also handle next year’s expected surplus..” $CANE $SGG thenews.com.pk/amp/984862-psm…
#Phillipines | “the country’s three leading brands of carbonated drinks $KO $PEP said there was a problem with the supply of #sugar.” President Marcos denied signing Sugar Order No. 4 [but] might consider importing as much as 150,000 MT in October..” $CANE newsinfo.inquirer.net/1647945/sugar-…
#Phillipines | “The Philippine's Sugar Regulatory Administration released Sugar Order No. 4 for 300,000 MT of raw & refined #sugar import…the country's raw & refined sugar stocks will stand negative..Tightening supply caused prices to spike.. $CANE $SGG spglobal.com/commodityinsig…
#India | “#sugarcane growers in Haryana are a worried lot as the crop is under a pest attack, largely known as top-borer..around 40% of the total #sugar acreage in the state, is badly affected.. ₹8,000 per acre sprays of fungicides & pesticides $CANE $SGG hindustantimes.com/cities/chandig…
#India | “India's #sugar production may fall slightly to 35.5 MMT in the 2022-23 marketing year starting October, due to diversion of #sugarcane towards ethanol manufacturing.. capped sugar exports at 10 MMT to maintain the domestic availability.. $CANE wap.business-standard.com/article-amp/ec…
#India | “…clear the hurdles for ethanol production…As of now, only #sugar factories are producing #ethanol and the government can consider giving licenses to others as well” #sugarcane $SGG $CANE $SB_F thehindu.com/news/national/…
#Bangladesh | “Production at state-run #sugar mills is set to hit its lowest point in over a decade as #sugarcane processing has fallen sharply amid reduced supply…down 49%…[farmers] were unable to cultivate an adequate amount of the crop.” $SGG $CANE thedailystar.net/business/econo…
#India | “#sugarcane farmers from Ambala and surrounding villages started an indefinite protest…demanding payment of dues””Recent rains have damaged my wheat, potato & sugarcane crops, but there is no help from govt yet.” $SGG $CANE $SG_F #sugar hindustantimes.com/cities/chandig…
#Ethiopia | “nation’s biggest miller of the sweetener has been out of operation since Feb. 9 after an attack by the rebel Oromo Liberation Army…” $SGG $CANE $SB_F #sugar #sugarcane bloomberg.com/news/articles/…
#Tanzania | “reduced import duty for #sugar by 50%…to enable consumers to buy the commodity at affordable price” $SGG $CANE $SB_F #sugarcane t.m.china.org.cn/convert/c_T5ND…
#Philippines | “…will import 200,000 MT of #sugar to address the resulting “very tight” supply..The country’s #sugarcane sector incurred P1.5 billion in losses as the typhoon devastated sugarcane crops, sugar stocks in warehouses & facilities” $SGG $CANE business.inquirer.net/340464/tight-s…
#Pakistan | “The government has decided to procure approximately 0.5 million MT of #sugar from the domestic sugar mills in order to build up strategic reserves...” thenews.com.pk/amp/930350-gov… $SGG $CANE $SB_F #sugarcane
#Brazil | “Less hedging means producers gearing for potentially more #ethanol & less #sugar production, which could mean smaller export commitments from producing countries in 2022 & lower global sugar supply.” #sugarcane $SGG $CANE $SB_F marketscreener.com/news/latest/IC…
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