Drilling of the 2016 sugar beet crop is almost complete in all regions of the country, according to Poland’s National Beet Growers Association (KZPBC).
Indonesia – Raw sugar imports expected to be 3.2 mln tonnes in 2016 [Registered]
“In 2015, raw sugar import realisation was about 96 percent of the 3 million tons of permits issued,” said Adhi Lukman, chairman of the Indonesian Food and Beverage Industries Association. “For 2016 the industry will need 3 million tons refined sugar, equal to 3.2 million tons raw sugar.”
France – Beet acreage to expand to 400,000 ha in 2016 [Registered]
CGB said some sugar makers had contracted extra acreage with farmers with a view to stocking some 2016 production to sell after the abolition of European Union quotas in October 2017, CGB Director Alain Jeanroy told reporters.
USA – 2016 tariff rate quota set by USDA [Registered]
The fiscal 2016 refined sugar TRQ was established at 145,505 short tons, raw value, of which 123,079 tons is reserved for specialty sugars as defined by the Office of the U.S. Trade Representative. The total refined sugar T.R.Q. includes a 24,251-ton minimum W.T.O. commitment, of which 1,825 tons is reserved for specialty sugar.
Monthly Snapshot
Raw sugar for March delivery settled at 19.82 cents/pound on January 18 after reaching a two-and-a-half-week high earlier in the session at 20.25 cents. The white sugar contract expiring in […]
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