According to three ethanol-industry sources and shipping data, a rare U.S. ethanol shipment will arrive in China before the end of May. This may be the first ethanol shipment to hit China since the two countries struck a trade deal earlier this year, reported Reuters.
China – Sugar imports tariff to drop to 50% from 85% [Full subscriber]
The Chinese government has decided not to renew a safeguard on sugar imports in place since 2017, reported Reuters.
China – Guangxi sugar industry embarks on driving competitiveness [Full subscriber]
The regional government launched a three-pronged, three-year action plan on 8th May to improve the efficiency of the Guangxi sugar industry, according to local press reports.
China – Sugar industry impacted by coronavirus outbreak [Registered]
The cane industry has been impacted on a variety of fronts by the Covid-19 virus according to local press reports.
World’s first 1000 tonnes demonstration plant exploiting solar energy to produce methanol from CO2 [Full subscriber]
Researchers at the Dalian Institute of Chemical Physics (DICP) of the Chinese Academy of Sciences have installed the world’s first demonstration project for direct solar fuel synthesis started operation in Lanzhou, China on Jan. 17, 2020. The project claims to be the world’s first for industrial production of liquid fuels from solar energy. Sited in China’s western regions where abundant solar energy will invariably be key to the project’s success.
China – National ethanol mandate of 10% suspended as corn supply drops [Full subscriber]
China has suspended its plan to implement a nationwide gasoline blend containing 10% ethanol this year following a sharp decline in the country’s corn stocks and limited production capacity of the biofuel, reported Reuters.
China’s crackdown on sugar smuggling inflicts storage headache for the Thai industry [Full subscriber]
A crackdown on sugar smuggling into China is creating a major storage problem for exporters/producers in Asia in particular, reported Reuters.
China – Sugar industry calls on government to maintain tariffs on sugar imports [Registered]
Chinese sugar mills plan to ask the nation’s Ministry of Commerce to extend hefty tariffs on sugar imports that Beijing imposed in 2017 to protect China’s struggling domestic sector, according to two sources and a draft document viewed by Reuters
China – Drought in Yunnan Province reduced cane output by over 2 million tonnes [Full subscriber]
Persistent drought in southwest China’s Yunnan Province has resulted in decreasing sugarcane output this year by 2.23 million tonnes, according to the provincial department of industry and information technology, reported the local news agency Xinhua.
Sugar trade dispute – Brazil drops complaint against China at WTO [Full subscriber]
Brazil is dropping its formal complaint to the World Trade Organization (WTO) to investigate China’s sugar trade policies, the Brazilian government said on 21st May, reported Reuters.
Monthly Snapshot
Market analysis While the combination of market fundamentals and sentiment are informing the sugar price, currently stumbling along at US¢10/lb (as of 20th April), the emerging new normal that is […]
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