Sugar prices are poised to go down further as India’s Food Minister approves an export subsidy of INR 4000 (U$65) per tonne. Some 1.4 mln tonnes of sugar is available for export. Final approval from the Indian Cabinet is awaited. This will invariably check the rally in sugar prices following the announcement by the Brazilian government of a large rise in gasoline taxes, thereby making ethanol more competitive resulting in increased diversion of cane for fuel rather than sugar production.
Other influences on price movements include the effect of the strong US dollar; pressuring international sugar prices, while also sustaining the value of world market sugar in local currency terms in key exporting countries, such as Brazil. In addition, developments in oil prices over the last three months have emerged as a new potential driver of prices in 2015.
One issue that has simply not been addressed with any perforce at international fora is that of smuggling of sugar. At regional conferences, yes there have been discussions of this […]
An interesting aspect of milling is the evaluation of the performance of each mill in the tandem. Early (1921-1931) analytical techniques are described in Browne & Zerban (1948); sampling is discussed in the SASTA Laboratory Manual (1985). Material balances across milling tandems normally use 4 main assumptions which are not all rigorously correct:
According to the latest Lux Research report1, many of the high profile biotech start-ups that went public through stock market launch or IPO (Initial Public Offering) have performed rather poorly. Of the nine companies it examined, for seven, the stock price change has been between 51.3 and 96.9% lower since IPO launch. So what is the underlying reason for this?
Literature on the chemical cleaning of evaporators was available in 1929 (Spencer & Meade; 1948); in most cases sodium hydroxide and soda ash were boiled individually or as mixtures in the vessels which were then drained and washed. A boiling with hydrochloric acid would follow if necessary. Spraying techniques in Java and Hawaii were seen to be more economical in terms of chemical quantities. Fermented molasses was used in Queensland in the early 1930’s, and Honig (1953) quotes results obtained in 1949 from Taiwan.
It would not be amiss to say that top two sugar producers in the world are totally let down by ineffectual policies. In Brazil it is the combination of laid […]