financial losses
International Sugar Journal
The government has decided to suspend productions at six state-run sugar mills in the current financial year 2020-2021 to minimise the accumulated losses of the Bangladesh Sugar and Food Industries Corporation (BSFIC), according to local press reports.
Nordzucker seeking to save €20 million in 2019 amidst losses [Full subscriber]
Europe’s second-largest sugar manufacturer Nordzucker is planning a reduction in personnel and a comprehensive restructuring of its operations in a bid to save €20 million as significant losses have already been forecast, according to local press reports.
Monthly Snapshot
New York’s October raw sugar futures were down 0.75% to 18.53 cents per lb on July 21, while the white sugar fell slightly to US$535.40. Various dynamics are currently in […]
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