The Queensland Government is funding a 5-year AU$14.25 million (US$9.8 million) grant to Sugar Research Australia Limited (SRA) for research, development and extension (RD&E) activities.
Australia – First batch of fully traceable sugar, sustainably produced, exported to South Korea [Full subscriber]
Australia’s first shipment (25,000 tonnes) of fully traceable raw sugar produced sustainably in Queensland has headed for South Korea.
Australia – Tableland Mill’s AU$86 million cogen plant operating at 50% capacity [Full subscriber]
MSF Sugar’s Tableland Mill, which invested AU$86 million (US$53 million) in a bagasse-based cogen plant, is operating at 50% capacity, according to local press reports.
Pyrrhic victory for Brazil et al as India loses sugar subsidies dispute at WTO [Full subscriber]
India lost the dispute over providing excessive domestic support and export subsidies for sugar and sugarcane at the World Trade Organization (WTO). The dispute settlement panel ruled against the country on a complaint that Brazil, Australia, and Guatemala had filed. The announcement of the ruling was made on 14 December.
India loses dispute at WTO over sugar subsidies brought by Brazil, Australia and Guatemala [Full subscriber]
India has lost the dispute over its subsidies on sugar exports at the World Trade Organization (WTO), brought by Brazil, Australia and Guatemala, Valor Economic reported.
Australia – India’s subsidies cost the sugar industry over AU$1 billion over 2017-2021 [Full subscriber]
Indian Government’s price and export subsidies have cost the Australian sugar industry around AU$1.023 billion (US$740 million) according to a new report by Green Pool Commodity Specialists commissioned by the Australian Sugar Milling Council (ASMC).
UK-Australia free trade deal threatens sugar beet sector’s competitiveness [Full subscriber]
British sugar beet growers have expressed concerns over the recently announced UK-Australia free trade deal.
Australia – Biofuel demands falls as motorists shun the fuel [Full subscriber]
Australian motorists are continuing to shun biofuels against global trends. A report commissioned by APAC Biofuel Consultants found biofuel demand in Australia fell in 12 months.
Australian sugar exports to China likely to be hit in the current trade war [Full subscriber]
The deterioration of Sino-Australian relations ignited by Prime Minister Scott Morrison’s call for an inquiry into the origins of coronavirus, which was identified in the Chinese city of Wuhan, has disrupted exports worth up to US$19 billion on a range of goods to date, according to various press reports.
Australia – Bundaberg Sugar closes down its Bingera Mill [Full subscriber]
After 135 years, one of Bundaberg oldest mills is closing down. Bingera Mill is closing down after its owner Bundaberg Sugar Limited (BSL) announced on 24th October that it is rationalizing its operations due to significant drop in cane supply.
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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