Production cost for cultivating sugar beet in Russia has escalated by 43% to 150,000 rubles/ha from 104,000 last year, according to Aleksey Lomanov, Deputy Chairman of the Board of the Soyuzrossakhar Association.
China expected to be the cheapest green hydrogen producer in years to come [Full subscriber]
China will be the cheapest producer of green hydrogen in the foreseeable future, followed by Chile, Morocco, Colombia and Australia, in an “optimistic” scenario, according to the latest report from the International Renewable Energy Agency (IRENA).
Producing green hydrogen for US$1/kg by 2030 is possible, says Wood Mackenzie [Full subscriber]
Dramatic drops in the price of electrolysers, combined with low-cost renewable energy, can enable green H2 to be the cheapest form of hydrogen (US$1/kg, with sub-US$2/kg in many countries) by 2030, the analyst Wood Mackenzie says in a new report.
Brazil – CS cane growers face mounting losses [Full subscriber]
Growers in Brazil’s main cane production region Center-South (CS) faced another year of losses in 2018/19 campaign ending on March 31, reported Valor Economico.
China – Sugar industry struggles with high production costs [Registered]
The sugar industry in China has now suffered four consecutive years of operating losses due to high production costs, the elimination of government support prices, and import competition, reports USDA in its latest attache report.
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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