Sugar News - 01 Oct 2024
Argentina - Ñuñorco Mill Ends 2024 Harvest, Processing 512,740 Tons Cane
United States - Usda Sets 2024-25 Sugar Allotment At 10.46 Million Tons
United States - Sugarbeet Harvest Sees Up To 39.56 Tons Per Acre
India - Sugar Prices Rise Rs 10; Muzaffarnagar Hits Rs 3,970
India - Urgent Msp Rise Needed As Sugar Costs Exceed ₹4000, ₹22.7 Crore
Indonesia - Ptpn Targets 13.5 Million Tons Sugar By 2030, Farmers' Income Up
Kyrgyzstan - Kyrgyzstan Plans 900,000 Tons Sugar Beet Harvest By 2024
Nepal - Nepal Police Seizes 600 Sacks Of Smuggled Sugar Worth Rs6.8 Million
Pakistan - Pakistan Approves Export Of 100,000 Mt Sugar At Rs 145.15
Turkey - Elazığ Sugar Factory To Process 225,000 Tons Of Beets
Turkey - Sugar Prices Rise 20% To 34.00 Tl/Kg In Turkey
Uzbekistan - Nile Sugar Invests $400 Million In Uzbekistan'S Sugar Production
Belarus - One-Third Sugar Beet Harvested In Grodno, Yielding 752 Quintals
Germany - Sugar Beet Farmers Fear Prolonged Campaign As Schladen Plant Inactive
Russia - Russia Proposes Halving Sugar Limit In Sugary Beverages To 2G
Russia - Sugar Production Down 20% In Russia, Shipments Up 26.5%
Ukraine - Ukraine'S Sugar Beet Yield Drops 12% To 465 Q/Ha
United Kingdom - Sugar Beet Campaign Starts Strong With 100,000 Tonnes Received
Malawi - Illovo Sugar Raises Prices: Brown Sugar Up 300 Kwacha
Nigeria - Dangote Invests Over $25 Billion In Nigeria'S Industries Since 2016
South Africa - South Africa'S Sugar Tax Costs R2 Billion, 16,000 Jobs
South Africa - Deputy President Urges UK To Raise Quotas To 150M Litres
Uganda - Uganda'S Sugar Industry Produces 100,000 Tonnes, Generates 30 Mw Power
Argentina - Ñuñorco Mill Ends 2024 Harvest, Processing 512,740 Tons Cane
The Ñuñorco mill officially ended its 2024 sugar production on October 1, marking the close of the sugar harvest in Tucumán. It processed 512,740 tons of cane, yielding 40,441 tons of equivalent sugar. Overall, Tucumán produced 1.253 million tons of equivalent sugar, contributing significantly to the regional economy.(Contexto)
United States - Usda Sets 2024-25 Sugar Allotment At 10.46 Million Tons
The USDA announced the 2024-25 Overall Allotment Quantity for sugar at 10,455,000 tons, down 212,500 tons from 2023-24. Beet processors received 5,682,293 tons, and cane processors 4,772,708 tons. Significant allocations include Florida's 2,690,953 tons and Louisiana's 2,081,755 tons. The USDA also reassigned 40,000 tons of cane sugar allotments to imports due to deficits.(BakingBusiness.com)
United States - Sugarbeet Harvest Sees Up To 39.56 Tons Per Acre
The 2024 sugarbeet harvest is off to a promising start across the U.S., with many cooperatives reporting average to above-average yields. American Crystal Sugar anticipates 31.9 tons per acre, while Minn-Dak Farmers Co-op expects around 31 tons. Amalgamated Sugar estimates 39.56 tons per acre with 17.92% sugar content. Weather conditions have positively influenced crop development.(Agweek)
India - Sugar Prices Rise Rs 10; Muzaffarnagar Hits Rs 3,970
Domestic sugar prices rose by Rs 10 per quintal, with M-grade sugar in Muzaffarnagar priced at Rs 3,970. Internationally, refined sugar neared $600/ton, while raw sugar stood at 22.06 cts$/pound. India's monsoon rains reached 934.8 mm, boosting production expectations, and futures contracts dropped with October 2024 raw sugar at 22.67 cts$/pound.(ChiniMandi News | Réussir | Revista RPA NEWS | Agrolink)
India - Urgent Msp Rise Needed As Sugar Costs Exceed ₹4000, ₹22.7 Crore
The sugar industry is under pressure as the Minimum Selling Price (MSP) remains at ₹3100 per quintal since 2019, while production costs exceed ₹4000. An urgent MSP revision is needed to support farmers. Meanwhile, sugarcane farmers in Haryana are seeking ₹22.7 crore in unpaid dues from Naraingarh Sugar Mills, with Rahul Gandhi promising to help if Congress wins in Haryana.(ChiniMandi News | ChiniMandi News | ChiniMandi News)
Indonesia - Ptpn Targets 13.5 Million Tons Sugar By 2030, Farmers' Income Up
PTPN Group, through PT Sinergi Gula Nusantara and PTPN I, aims for Indonesia's sugar self-sufficiency by 2030 with a target of 13.5 million tons of sugar. The initiative focuses on operational integration, sourcing over 70% of sugarcane from farmers. Additionally, productivity must rise from 5 to 8 tons per hectare to increase farmer income from Rp 13.8 million to Rp 49 million annually.(Merdeka.com | Surya.co.id | Liputan6.com)
Kyrgyzstan - Kyrgyzstan Plans 900,000 Tons Sugar Beet Harvest By 2024
Starting in 2025, sugar factories will enforce stricter acceptance conditions for low-sugar beets, requiring a minimum of 14% sugar content. Kyrgyzstan plans to harvest 900,000 tons of beets from 13,500 hectares in 2024, involving 3,000 farmers, with an expected yield of 110,000 tons of sugar. Current penalties for non-compliance will be fully implemented by 2025.(Tazabek | www.24.kg | K-News)
Nepal - Nepal Police Seizes 600 Sacks Of Smuggled Sugar Worth Rs6.8 Million
Armed Police Force seized 600 sacks of smuggled sugar valued at Rs6.8 million from a truck in Bardaghat Municipality. The truck, traveling from Bhairahawa to Kathmandu, was found carrying illegal items during a security check. Two suspects have been detained for investigation, and the goods entered Nepal without customs duties.(ChiniMandi News)
Pakistan - Pakistan Approves Export Of 100,000 Mt Sugar At Rs 145.15
Pakistan has approved the export of 100,000 metric tons of sugar at Rs 145.15 per kilogram, with allocations of 64% to Punjab, 6% to Sindh, and 30% to Khyber Pakhtunkhwa. Domestic prices must stay below Rs 140. The State Bank will monitor exports, reporting every 15 days, and exports will halt if domestic prices exceed the limit.(The Nation | Pkrevenue.com | ARY NEWS)
Turkey - Elazığ Sugar Factory To Process 225,000 Tons Of Beets
Elazığ Şeker Fabrikası will process 225,000 tons of sugar beet in the 2024/2025 campaign, starting beet purchases on September 19, 2024, and sugar production on September 24, 2024. The total production from Turkish Sugar Factories is expected to be 950,000 tons from 7 million tons of beets. The beet purchase price is set at 2,375 TL per ton.(Elazığ Haber Kent)
Turkey - Sugar Prices Rise 20% To 34.00 Tl/Kg In Turkey
Sugar prices in Turkey will rise by 20% to 34.00 TL/kg effective October 1, 2024, as announced by Turkish Sugar Factories. The price for government agencies will be 34.34 TL/kg. This increase is part of rising inflation and is expected to impact consumer spending and contribute an inflation effect of 0.065 points in upcoming months.(Türkay Gazetesi | HABER ANKARA | Yıldırım Gazetesi)
Uzbekistan - Nile Sugar Invests $400 Million In Uzbekistan'S Sugar Production
Nile Sugar is investing $400 million in a sugar factory project in Jizzakh, Uzbekistan, focusing on sugar beet cultivation across 50,000 hectares. The factory will process 12,000 tons of beets daily, producing 200,000 tons of sugar annually. The initiative includes implementing water-saving technologies and improving irrigation systems for continuous cultivation.(ChiniMandi News | DARYO.UZ - CENTRAL ASIA & AFGHANISTAN NEWS)
Belarus - One-Third Sugar Beet Harvested In Grodno, Yielding 752 Quintals
In the Grodno region, farmers have harvested one-third of the sugar beet crop, achieving a yield of 752 quintals per hectare. The region aims to collect over 1.6 million tons this year, with processing ongoing at the Skidel Sugar Factory, which processes around 8,500 tons daily. Approximately 29,000 tons of sugar have already been produced, meeting domestic demand.(Газета Полымя)
Germany - Sugar Beet Farmers Fear Prolonged Campaign As Schladen Plant Inactive
Dirk Wollenweber of the Southern Lower Saxony Sugar Beet Association warns that the shutdown of the extraction tower at Nordzucker's Schladen plant could prolong the campaign, with production delays extending to mid-February. Meanwhile, the Klein Wanzleben factory is processing redirected sugar beet while repairs are expected to conclude by the end of October.(LAND UND FORST | Volksstimme)
Russia - Russia Proposes Halving Sugar Limit In Sugary Beverages To 2G
The Russian government proposed to reduce the threshold for added sugars and carbohydrates in sugary beverages subject to excise tax from over 5g to no more than 2g per 100ml. This change aims to decrease consumption of sugary drinks and generate additional funding for healthcare, particularly in combating diabetes. Excise taxes are included in retail prices.(DairyNews)
Russia - Sugar Production Down 20% In Russia, Shipments Up 26.5%
In 2024, sugar production in southern Russia is projected to drop by 20% due to drought, despite an increase in sugar content to 18.5%. The Ust-Labinsk factory aims for 1 million tons output. Meanwhile, RZD's sugar shipments rose 26.5% in September 2024, despite a 4% decline in overall cargo, totaling 889.7 million tons.(Кубань 24 | АБН)
Ukraine - Ukraine'S Sugar Beet Yield Drops 12% To 465 Q/Ha
Abnormal heat in July-August 2024 has led to a projected 12% decrease in Ukraine's sugar beet yield, reaching 465 quintals per hectare. Sugar prices remained stable at 36.52 UAH per kilogram, with no anticipated shortage or significant price increases before year-end.(24 Канал | Деньги)
United Kingdom - Sugar Beet Campaign Starts Strong With 100,000 Tonnes Received
British Sugar's 2024 sugar beet campaign began positively, receiving around 100,000 tonnes in its first week, slightly up from last year. Despite winter challenges, healthy crops are expected with sugar content between 16-17%. Virus yellows pressure is lower than anticipated, with only 60% of growers using Cruiser SB. The Bury St Edmunds factory will celebrate its 100th campaign in 2025.(Farmers Guide)
Malawi - Illovo Sugar Raises Prices: Brown Sugar Up 300 Kwacha
Illovo Sugar Company has increased sugar prices, with brown sugar rising to 2,600 kwacha from 2,300 kwacha, and white sugar increasing to 2,950 kwacha from 2,600 kwacha. This hike is attributed to rising production costs and dollar prices. Critics, including the Centre for Democracy and Economic Development Initiatives, demand justification for the price increase and government intervention.(Capital Radio Malawi)
Nigeria - Dangote Invests Over $25 Billion In Nigeria'S Industries Since 2016
Aliko Dangote, chairman of the Dangote Group, announced over $25 billion invested in Nigeria's oil, gas, cement, and sugar industries over the past seven years. Speaking at UNGA 79, he emphasized the need for African self-sufficiency and job creation for the youth, asserting that investment challenges are surmountable and aiming to inspire confidence in the continent's potential.(Businessday)
South Africa - Deputy President Urges UK To Raise Quotas To 150M Litres
Deputy President Paul Mashatile urged the UK to increase tariff-free quotas for South African wine and sugar, proposing a rise from 71.5 million to 150 million liters for wine and maintaining the sugar quota at 171,000 tonnes. He emphasized that these adjustments could enhance trade relations and benefit both economies while promoting South Africa's cultural heritage.(South African Government News Agency | Free state central news | Devdiscourse)
Uganda - Uganda'S Sugar Industry Produces 100,000 Tonnes, Generates 30 Mw Power
Uganda's sugar industry, led by Sugar Corporation of Uganda Limited (SCOUL), exemplifies industrial waste circularity by utilizing by-products like molasses and bagasse. With a production capacity of 100,000 tonnes annually, SCOUL operates a 30 MW power plant and an alcohol distillery, generating additional revenue. Innovations include using spent wash for dilution and capturing CO2 for beverage production, promoting sustainability and income generation.(Down To Earth Magazine)