In a bid to lessen the burden on businesses operating in the soft drinks sector and consumers during the ongoing pandemic, the government postponed the implementation of the third phase of the progressive sugar tax on soft drinks, which was set to start on October 1, 2021.
Turkey – Health ministry wants 10% reduction in sugar various products by 2025 [Full subscriber]
Turkish Health Ministry released the Sugar Reduction Guide in mid-July to gradually reduce the amount of sugar in confectionery, sweet sauces, breakfast cereals, and nonalcoholic drinks by at least 10% by 2025.
Mexico – 2018/19 sugar exports to rise as production increases and local demand drops [Full subscriber]
Mexico’s sugar exports are slated to jump over 30 percent in 2018-19 due to the combination of production surplus and reduction in domestic consumption due to health concerns, according to the US Department of Agriculture’s (USDA) latest attaché report.
India – Sugar consumption to drop as government scraps sugar subsidy [Registered]
With the union government withdrawing the subsidy given to state governments for supplying sugar through PDS (public distribution system) from April 1 and off-take being impacted by the protests against soft drink brands, sugar consumption would drop by 3.5% in the 2016-17 season (October-September), according to local press reports.
USA – Consumption of low calorie sweeteners jumps by 200% amongst children [Registered]
About 25% of children and more than 41% of adults in the United States reported consuming foods and beverages containing low-calorie sweeteners (LCS) such as aspartame, sucralose, and saccharin in a recent nationwide nutritional survey, according to a study by researchers at the George Washington University Milken Institute School of Public Health.
United States – 2015/16 sugar output forecast to be lower than previous year [Registered]
Beet sugar production for the 2015/16 Aug-Jul period will total about 4.900 mln tons, but fiscal year 2015/16 (Oct/Sep) production is forecast at 4.770 mln as 11% of the 2015/16 sugar beet crop will be harvested in August-September and thus will be accounted for in the estimate of the fiscal year 2014/15 (Oct/Sep) crop.
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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