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
Market Overview Following a nine-month high of 15.66 cents in late November, the raw sugar futures on ICE was down to 14.30 cents/lb on 16th December. Two developments – one […]
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