The head of Cuba’s state sugar monopoly AZCUBA said on 12th March that output of raw sugar was 18% behind schedule with just a month of optimal harvesting conditions left in the season, reported Reuters.
Peru – 2019 sugar output to increase by 15% [Full subscriber]
Sugar production in 2019 is forecast to rise by 15% to 1,294,600 tonnes, according to the executive director of the Peruvian Association of Agroindustrial Sugar and Derivatives (APAAD), Diego Cateriano.
Angola – Biocom’s 2019 sugar output expected to increase to 100,000 tonnes [Full subscriber]
The Angolan bioenergy company Biocom expects to produce 100,000 tonnes of sugar this year, an increase of 37% compared with the 73,000 tonnes produced in 2018, said Luís Júnior, the deputy director general of the company, according to local press reports.
Colombia – 2018 sugar output and exports increase by 10% [Full subscriber]
Between January and November 2018, the industry milled 23 million tonnes of cane, that is, 3% percent more than in 2017, with sugar production expected to reach 2.44 million tonnes with an increase of 9% compared to a year ago, according to the Sugar Cane Growers Association of Colombia (Asocaña).
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.
Angola – Biocom forecasts sugar output of 100,000 tonnes in 2018 [Full subscriber]
Angola’s Bioenergy Company (Biocom) is predicting 2018 sugar output at 100,000 tonnes. According to Fernando Koch, the Commercial Director, the company has produced 55,000 tonnes of sugar.
Russia – 2018/19 beet sugar output likely to be between 5.5 mln and 6.3 mln tonnes [Full subscriber]
Both the Russian Sugar Producers Union (Soyuzrossakhar) and the Russian statistical office (Rosstat) forecast a reduced sugar output than the previous year of 6.62 mln tonnes. Soyuzrossakhar forecasts an output of 6 mln tonnes while Rosstat puts it at between 5.5 mln and 6.3 mln tonnes, according to local press reports.
Senegal achieves self-sufficiency in sugar production [Full subscriber]
The Senegalese Sugar Company (CSS) achieved a record production of 144,000 tonnes at the end of the campaign that has just ended, according to local press reports.
Morocco – 2017/18 sugar output forecast at 520,000 tonnes [Full subscriber]
Cosumar, the only sugar producer in Morocco, is forecasting the 2017/18 sugar output at 520,000 tonnes, comparable to 515,000 tonnes last year, according to its CEO Mohammed Fikrat. The current campaign is expected to end in August.
China – Expansion in beet and cane sugar production increases 2018/19 output [Full subscriber]
China’s sugar production in marketing year (MY) 2018/19 is forecast to rise for the third straight year, primarily due to expanded sugar beet acreage, according to the latest USDA report.
Monthly Snapshot
Market overview The perception in the market that swing in fundamentals is on the cards probably explains the gain in raw sugar prices by 4% to 13.09 cents/lb on 15th […]
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