India’s cabinet has approved a mega assistance package for sugar mills to export up to 6 million tonnes sugar during in the 2019-20 marketing starting October to aid the cash-strapped millers, reported Reuters.
Cane milled in the major sugar producing region Center-South (CS) of Brazil during the 2018/19 campaign which ended on March 31, was 573.072 million tonnes compared with 596.330 million tonnes during the 2017/18 season, according to the Brazilian sugar industry association UNICA.
Russia’s difficulty exporting its sugar could slow the expansion of the industry that’s seen a big transformation in the past two decades, reports Bloomberg.
Braskem and Haldor Topsoe recently announced commissioning a pioneering demonstration unit for the development of monoethylene glycol (MEG) from sugar.
In a bid to drive the competitiveness of the cane sugar in the country, the government is refusing any subsidies for the sugar industry
Indonesian President Joko Widodo, who’s seeking another five-year term in 2019, has opened up the floodgates to sugar imports to stabilize domestic prices. It worked, but now he’s facing the heat from local farmers, a key voting bloc, reports Bloomberg.
With the EU sugar sector becoming market-driven following the abolition of sugar quotas, Caribbean sugar producers are looking to the UK to provide preferential access post-Brexit. Sugar Association of the […]
Brazil – Ethanol reserves rising, prices falling, increased sugar production likely [Full subscriber]
As ethanol prices tumble amidst rising stockpiles and storage capacity becoming increasingly limited, the prospect of sugar output increasing seems likely, according to Bloomberg.
A report commissioned under the previous National Government has debunked popular justification for sugar taxes. Its findings show only weak evidence a sugar tax has been effective at improving health outcomes in other countries.
If President Donald Trump withdraws from the North American Free Trade Agreement (NAFTA), the US tariff on sugar imports from Mexico would revert to the 15 cents per pound level in place before NAFTA went into effect, Jason Hafemeister, trade adviser to Agriculture Secretary Sonny Perdue, told the delegates at the International Sweetener Colloquium event in Florida on February 15.