The European Sugar Industry Confederation (CEFS) announced on 31st March that Canada’s Border Protection Agency (CBSA) concluded its investigation on 30th March into anti-subsidy duties on refined sugar from the EU and anti-dumping duties on refined sugar from Denmark, Germany, the Netherlands, the United Kingdom and the United States
China extends probe on sugar dumping [Registered]
The Chinese Ministry of Commerce announced in mid-March that it will extend the investigation on imports of sugar made by the country between January 2011 and March 2016. The extension of term is due to the complexity of the topic. According to the ministry. The new deadline for the conclusion of the proceedings is 22 May.
China – Commerce ministry to investigate rising sugar imports [Registered]
China’s commerce ministry has launched a six-month probe into soaring sugar imports following complaints from its local producers who are struggling after the end of government support prices year ago.
EU Commission investigates collusion by companies into fuel ethanol pricing [Registered]
The Commission said it was assessing the actions of these producers after unannounced raids at their sites were carried out in 2013, October ‘14 and March ’15. The EU’s executive body stated that it had “concerns” that the cited companies “may have colluded” to manipulate ethanol benchmarks published by price reporting agency Platts.
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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