Sugar News - 10 Sep 2024
China - China Invests In Sustainable Uses For Sugarcane Bagasse
India - Sugar Stocks Rise As Sensex Advances, Reflecting Positive Sentiment
India - Protests Halt Sugar Garlic Purchases In Indore Markets
India - Cii Announces 9Th Green Sugar Summit 2024 For September 10-11
India - Bku Demands ₹500 Sugarcane Prices, Mills To Start In October
India - India'S Sugar Production Expected At 29.3 Million Mt In Sy2025
India - Sugar Prices Drop 0.11 Cents To 18.71 Cents/Lb
India - Muzaffarnagar Sugar Mill Upgrade To Benefit 15,000 Farmers
India - Kharif Sowing Reaches 1,092.33 Lakh Hectares, Surpassing Normal
India - Sugarcane Pest Control: ₹50 Card Protects 1 Acre Crop
India - Tikait Urges Government For Advance Payments To Sugarcane Farmers
India - Baghauli Sugar And Distillery Hosts 100 Cane Farmers Meeting
India - Davangere Sugar Company Plans Rs 400 Crore Rights Issue
India - Bihar Farmers Study Modern Sugar Cane Cultivation In Uttar Pradesh
India - Hardoi Launches Sugar Cane Rally To Promote Advanced Varieties
Indonesia - Polda Sumsel Warns Ptpn Vii After 2 Hectares Burned
Pg Krebet Baru Achieves 10% Yield Increase, Produces 87,000 Tons
Indonesia - Indonesia'S Sugary Drink Tax Starts At 2.5%, Rises To 20%
Malaysia - New Tax Proposal Targets Sugar-Sweetened Beverages After 9.25% Drop
Philippines - Yulo, Arceo Seek Profitable Sugar Prices Amid 20% Cost Rise
Thailand - Thailand'S 2023/2024 Sugar Production Projected At 8.80 MTons
Turkey - 2024 Sugar Beet Harvest Wage Set Between 800 To 1,000 Lira
Turkey - Amasya Sugar Factory Launches 71St Beet Procurement Campaign
Turkey - Burdur Fertilizer Update Resolves Sugar Beet Producers' Issues
Vietnam - Vietnam Sugar Production Surges 18.4% To 1.1 Million Tonnes
Índia - Sugar Prices Hit Two-Week Lows Amid India’S 792.5 Mm Rain
Argentina - Argentina'S Sugar Production Expected Over 25 Million Tons
Brasil - Drought And Fires May Cause 470,000 Tons Sugar Losses
Brazil - Hedgepoint Projects 620 Million Tons Sugarcane Harvest For 2025/26
Brazil - Tereos Aims 50% Emission Reduction By 2032-2033
Brazil - Ethanol Safra 24/25 Volume Traded Hits Second Lowest Level
Brazil - 17 Brazilian Companies Showcase Bioenergy At Expoatam 2023
Brazil - 2024/25 Sugarcane Harvest Sees 1.88% Drop In Ethanol Demand
Brazil - Brazil'S Sugar Crop Decline Supports Global Prices, Bofa Reports
Brazil - Drought And Wildfires May Raise Food Prices By 20%
Brazil - Sugar Prices Rise 4.02% To R$ 137.06 In São Paulo
Brazil - New York Sugar Futures Drop To 18.90 Cents Per Pound
Cuba - Repairs Underway For Sugar Harvest Start In Granma
Paquito Rosales Factory Aims For 12,000 Tons Sugar Production
Mexico - Ingenio Eldorado Plans 1,500 To 2,000 Hectares Expansion By 2026
United States - Sugar Policy Alliance Urges Increased Imports As Reserves Drop Below Two Weeks
France - Tereos Starts Solid Recovered Fuels Boiler Construction In Origny-Sainte-Benoite
France - Sugar Or Biofuel: The Future Of Sugar Beets At Stake
Germany - Südzucker Begins 95-Day Beet Campaign With 240 Employees
Germany - Anklam Sugar Beet Campaign Expects 1.7 Million Tons Processed
Germany - Anklamer Zuckerfabrik Begins Sugar Beet Processing Yielding 70 Tons
Poland - Südzucker Launches Sugar Beet Campaign, Cuts Co2 Emissions By 50%
Russia - Sejm River Pollution: 17 Tons Of Dead Fish Reported
Spain - Sugar Industry Workers Demand 500 Euros Amid 10% Purchasing Power Loss
World - Net Sugar Production Projected At 29.3 Mn Mt In Sy25
World - Fao Food Price Index Falls 1.1% To 120.7 Points
World - Sugar Futures Drop 1% As Crude Oil Falls 4%
Australia - Cane Harvest Disruption Persists 10 Months After Cyclone Jasper
Fiji - Council Urges Farmers To Stop Cane Burning, $3-$5 Loss Per Ton
Fiji - New Rakiraki Sugar Mill Requires 250,000 Tonnes Supply
Kenya - Police Investigate Fire Destroying 3 Hectares Of Cane In Kwale
Kenya - Kenya Bans Sugar Imports, Local Production Expected Over 800,000 Tonnes
China - China Invests In Sustainable Uses For Sugarcane Bagasse
China is investing in sustainable uses for sugarcane bagasse, which was once discarded after sugar and alcohol production. Now, it has multiple applications, highlighting a shift towards a green economy.(Band Jornalismo)
India - Sugar Stocks Rise As Sensex Advances, Reflecting Positive Sentiment
Sugar stocks have risen alongside the advancing Sensex, reflecting positive market sentiment. Domestic sugar prices in India have fallen by Rs 10 per quintal due to weak demand, with M-grade sugar in Muzaffarnagar priced between Rs 3,750 and Rs 3,790 per quintal. Internationally, London White Sugar is at $522.70 per ton.(The Economic Times | ChiniMandi News | Economic Times)
India - Protests Halt Sugar Garlic Purchases In Indore Markets
Protests in Indore and Gujarat over sugar garlic and banned Chinese garlic have disrupted market activities. Traders in Indore halted purchases due to concerns about sugar garlic, while 500 traders in Gondal stopped auctions against illegal Chinese garlic, which undermines local farmers. China, the largest garlic producer, has faced import bans in India since 2014.(Dainik Bhaskar | ThePrint Hindi | Zee Business हिंदी)
India - Cii Announces 9Th Green Sugar Summit 2024 For September 10-11
CII will host the 9th Green Sugar Summit 2024 on September 10-11 in Hyderabad, focusing on sustainability in sugar and biofuels. Sugauli biofuel unit trains farmers to improve practices and income, while 40 farmers from Bihar are learning modern techniques in Uttar Pradesh. Mahindra has launched an AI sugarcane harvesting program over 1 lakh acres to enhance yields.(Cityairnews | Hindusthan Samachar | ChiniMandi News | Agro Spectrum India)
India - Bku Demands ₹500 Sugarcane Prices, Mills To Start In October
Farmers from the Bharatiya Kisan Union in Uttar Pradesh demand sugarcane prices of Rs 500 per quintal, urging mills to start operations in October. Protests are planned for clarity on sugarcane variety 05009 by September 16. In Hapur, farmers ended a protest after receiving ₹6.88 crore, but ₹247 crore remains unpaid, with assurances of further payments by October.(ChiniMandi News | ChiniMandi News | अमर उजाला | दैनिक जागरण (Dainik Jagran))
India - India'S Sugar Production Expected At 29.3 Million Mt In Sy2025
ICRA projects India's sugar production to decline to 29.3 million metric tons in SY2025, down from 34 million MT in SY2024, due to increased ethanol diversion. Ethanol production capacity is at 1,589 crore liters, targeting 1,700 crore liters by 2025, with a blending percentage expected to reach 20% by ESY2025.(ChiniMandi News | ChiniMandi News)
India - Sugar Prices Drop 0.11 Cents To 18.71 Cents/Lb
Sugar prices have declined for the fifth consecutive session, with New York prices at 18.71 cents/lb and London at $522.70/ton. Factors include above-average monsoon rains in India and Brazil's record exports of 3.9 Mt. Prices dropped by 0.11 to 0.14 cents in NY and $3.60 to $4.10 in London.(Notícias Agrícolas | Revista Cultivar | Notícias Agrícolas | Réussir)
India - Muzaffarnagar Sugar Mill Upgrade To Benefit 15,000 Farmers
The Muzaffarnagar sugar mill upgrade will benefit 15,000 farmers by enhancing efficiency and production. In Hardoi, a farmers' meeting emphasized timely access to fertilizers, boosting sugarcane production and farmer incomes. Meanwhile, Nirani Sugars plans to reopen the Riga sugar mill with an ₹86.5 crore bid, supporting 50,000 farmers and operating by December.(ASB NEWS INDIA | INA News | Hindustan Times)
India - Kharif Sowing Reaches 1,092.33 Lakh Hectares, Surpassing Normal
As of September 9, 2024, kharif crop sowing has exceeded normal areas, with paddy at 409.50 lakh hectares, surpassing the normal 401.55. Other notable figures include oilseeds at 192.40 lakh hectares and sugarcane at 57.68. Total area sown reached 1,092.33 lakh hectares, up from 1,069.29 last year.(Krishak Jagat English)
India - Sugarcane Pest Control: ₹50 Card Protects 1 Acre Crop
The sugarcane stem borer pest poses a serious threat to sugarcane crops, reducing yield and quality. To combat this, experts recommend applying 200 ml of imidacloprid per hectare. If the pests have entered the stem, a biological solution using a trichocard containing 20,000 beneficial insects is advised, costing ₹50 and effective for 10-12 days.(News18 हिंदी)
India - Tikait Urges Government For Advance Payments To Sugarcane Farmers
The article discusses a call from Tikait for the government to provide advance payments for sugarcane farmers, suggesting that they will install smart meters as needed.(अमर उजाला)
India - Baghauli Sugar And Distillery Hosts 100 Cane Farmers Meeting
बघौली सुगर एण्ड डिस्टलरी लिमिटेड बीकापुर ने गन्ना कृषक गोष्ठी का आयोजन किया। इस कार्यक्रम में गन्ना किसानों को उनके अधिकारों और फसल उत्पादन के तरीकों के बारे में जानकारी दी गई। किसानों को बेहतर उत्पादन के लिए सुझाव दिए गए, जिससे उनकी आय में वृद्धि हो सके।.(tejas today)
India - Davangere Sugar Company Plans Rs 400 Crore Rights Issue
Davangere Sugar Company plans to raise Rs 400 crore through a rights issue to meet capital needs, pending shareholder approval. Additionally, the company will invest Rs 3 crore in a new CO2 plant, financed by a bank loan, aimed at converting molasses waste into liquid carbon dioxide and dry ice, benefiting the environment and economy.(ChiniMandi News)
India - Bihar Farmers Study Modern Sugar Cane Cultivation In Uttar Pradesh
BIHAR FARMERS WILL STUDY MODERN SUGAR CANE CULTIVATION IN UTTAR PRADESH. ACCORDING TO THE VIETNAM SUGARCANE ASSOCIATION, SUGAR PRODUCTION FOR THE 2023-2024 CROP REACHED 1.1 MILLION TONNES, AN 18.4% INCREASE FROM THE PREVIOUS YEAR.(ChiniMandi News)
India - Hardoi Launches Sugar Cane Rally To Promote Advanced Varieties
The sugar cane rally under the "Increase Yield - Get Reward" scheme was launched in Hardoi by DCM Shri Ram Sugar Unit. Regional head Chandravir Singh flagged off the rally, aimed at promoting advanced sugar cane varieties among farmers. Key participants included unit head Raja Srivastava and various supervisors, emphasizing the benefits of the scheme.(INA News)
Indonesia - Polda Sumsel Warns Ptpn Vii After 2 Hectares Burned
Pg Krebet Baru Achieves 10% Yield Increase, Produces 87,000 Tons
Polda Sumsel warned PTPN VII Cinta Manis after a fire burned 2 hectares of their sugarcane plantation on September 9, 2024. Meanwhile, PT PG Rajawali I at PG Krebet Baru reported a nearly 10% yield increase, producing 87,000 tons of sugar, achieving 101% of last year's output, with a goal of 296,000 tons for national self-sufficiency.(SUMEKS.CO | TribunJatim.com)
Indonesia - Indonesia'S Sugary Drink Tax Starts At 2.5%, Rises To 20%
INDONESIA WILL IMPLEMENT A TAX ON SUGARY DRINKS STARTING AT 2.5% IN 2025, INCREASING TO 20% DEPENDING ON ECONOMIC CONDITIONS. THIS MEASURE AIMS TO MITIGATE HEALTH ISSUES AND BOOST STATE REVENUE, REFLECTING A GROWING EFFORT TO PROMOTE HEALTHIER BEVERAGE CHOICES AMONG THE POPULATION.(VOI.ID | Jakartaglobe.id)
Malaysia - New Tax Proposal Targets Sugar-Sweetened Beverages After 9.25% Drop
Malaysia plans to introduce a sugar-sweetened beverage tax in Budget 2025 to address health concerns, following a previous tax that reduced consumption by 9.25%. A nutri-grade system will be implemented to rate products based on sugar content. Approximately 3.6 million adults are diabetic, highlighting the urgency of this initiative.(ChiniMandi News | Malay Mail | Hidayatullah.com)
Thailand - Thailand'S 2023/2024 Sugar Production Projected At 8.80 Million Tons
In the 2023/2024 fiscal year, Thailand is projected to produce 8.80 million tons of granulated sugar, according to Pimparat. This production level indicates a stable output for the country’s sugar industry, which is vital for both domestic consumption and export markets.(กรุงเทพธุรกิจ)
Turkey - 2024 Sugar Beet Harvest Wage Set Between 800 To 1,000 Lira
Emirgazi Ziraat Odası announced the 2024 sugar beet harvest wage, set between 800 to 1,000 lira. Farmers, relying heavily on sugar beets due to disappointing grain prices, expect a purchase price of 2,800 to 3,000 lira. The harvest wage varies: 1,000 lira if paid after harvest, and 800 lira if paid in advance.(Tarımdan Haber)
Turkey - Amasya Sugar Factory Launches 71St Beet Procurement Campaign
The Amasya Sugar Factory has launched its 71st beet procurement campaign, officially opened on September 20 by Chairman Ahmet Özarslan. The initiative aims to improve efficiency and reduce waiting times for farmers and transporters, with farmers already beginning deliveries. Specific procurement volumes or targets were not disclosed.(Haberler | Ekonomim | Objektif Amasya)
Turkey - Burdur Fertilizer Update Resolves Sugar Beet Producers' Issues
Burdur AK Parti has addressed the fertilizer label mismatch issue affecting sugar beet producers by contacting Turkish Sugar General Manager Dr. Muhiddin Şahin. Expert teams are collecting soil samples for investigation, and coordination with local agricultural authorities and farmer representatives is ongoing to prevent grievances and support producers effectively.(Burdur Gazetesi | NNC Haber)
Vietnam - Vietnam Sugar Production Surges 18.4% To 1.1 Million Tonnes
Vietnam's sugar production for the 2023-2024 crop reached 1.1 million tonnes, marking an 18.4% increase from the prior crop. The sugar yield was 6.79 tonnes per hectare, surpassing Thailand, Indonesia, and the Philippines. The harvested area grew to over 163,000 hectares, up 11.4%, as the industry recovers from trade remedy evasion measures since 2021.(ChiniMandi News | ChiniMandi News | ChiniMandi News | ChiniMandi News)
Índia - Sugar Prices Hit Two-Week Lows Amid India’S 792.5 Mm Rain
Sugar prices fell to two-week lows due to expectations of a bumper crop in India, with October raw sugar down 0.42% to $0.1883 per pound and white sugar dropping 1.26% to $526.30 per ton. India received 792.5 mm of monsoon rain, 8% above average. In Brazil, sugar production rose 5.4% to 23.91 million tons, impacting prices.(Revista RPAnews)
Argentina - Argentina'S Sugar Production Expected Over 25 Million Tons
Argentina's sugar harvest this year shows promising results, with production expected to exceed 25 million tons and sugar exports projected to increase fivefold, generating around $250 million. Paramérica SA plays a key role in ethanol production and supports a bill to promote biofuels. The company emphasizes sustainability, innovating with organic sugar and expanding into international markets.(Reporte Asia)
Brasil - Drought And Fires May Cause 470,000 Tons Sugar Losses
The 2024/2025 sugarcane harvest faces uncertainties due to drought and fires, with potential sugar losses estimated at 470,000 tons. In August, São Paulo recorded 3,612 fire outbreaks, impacting 210,000 to 220,000 hectares. Sugar production is expected to be 602.2 million tons, with a sugar mix at 50.5%. Ethanol demand is low, while sugar prices rose by 4.02% to R$ 136.47 per 50 kg.(Money Times)
Brazil - Hedgepoint Projects 620 Million Tons Sugarcane Harvest For 2025/26
Hedgepoint Global Markets anticipates a recovery in Brazil's center-south sugarcane harvest for 2025/26, estimating production at 620 million tons, up from 614 million tons in 2024/25. The upcoming season is expected to be more sugar-oriented, with 52% of production for sugar, compared to 49.1% currently, despite challenges from drought and fires. Favorable weather conditions are expected to aid recovery.(Investing.com Brasil)
Brazil - Tereos Aims 50% Emission Reduction By 2032-2033
Tereos Açúcar & Energia Brasil released its 2023-2024 Sustainability Report, highlighting progress in sustainable agricultural practices and a commitment to decarbonize operations by 2050. The company aims to reduce greenhouse gas emissions by 50% by 2032-2033, with 65% of processed sugarcane certified sustainable. Additionally, Tereos increased female workforce participation by 21.3% and invested in community well-being initiatives.(Revista RPAnews)
Brazil - Ethanol Safra 24/25 Volume Traded Hits Second Lowest Level
ETANOL SAFRA 24/25 FACES SIGNIFICANT UNCERTAINTIES, WITH THE VOLUME TRADED LAST WEEK REACHING ITS SECOND LOWEST LEVEL.(Rolim Notícias)
Brazil - 17 Brazilian Companies Showcase Bioenergy At Expoatam 2023
The Brazil Sugarcane Bioenergy Solution project, a partnership between Apla and ApexBrasil, will feature 17 Brazilian companies at the 44th ExpoAtam in Veracruz, Mexico, from September 18 to 20. The event aims to showcase products and technology, emphasizing Brazil's competitive bioenergy model, while fostering business opportunities and discussions on sustainability and innovation in the sugarcane sector.(ApexBrasil)
Brazil - 2024/25 Sugarcane Harvest Sees 1.88% Drop In Ethanol Demand
The 2024/25 sugarcane harvest is affected by drought and fires, leading to a 1.88% drop in hydrated ethanol demand, priced at R$ 2.5081 per liter. Anhydrous ethanol increased by 0.65% to R$ 2.9358 per liter. This situation has resulted in the second lowest sales volume of ethanol this season.(CenárioMT | Compre Rural | Canal Rural | Notícias Agrícolas | JornalCana)
Brazil - Brazil'S Sugar Crop Decline Supports Global Prices, Bofa Reports
Brazil's lower sugar crop is expected to support global prices. Czarnikow cut Brazil's sugar production estimate for 2024/25 by nearly 9% to 39.2 million tons due to drought, with sugar stocks dropping below 2 million tons. In São Paulo, sugar prices rose 4.02% to R$ 137.06 amid increased demand.(ChiniMandi News | Investing.com Brasil | Money Times | CNBCTV18 | Compre Rural | CenárioMT | Portal do Agronegócio)
Brazil - Drought And Wildfires May Raise Food Prices By 20%
Drought and wildfires may raise food prices by 20%, particularly for sugar and coffee, disrupting supply chains. The sugar-energy sector lost over R$ 800 million, affecting 100,000 hectares. Inflationary pressures are increasing, with coffee prices rising to $2.45 per pound. In Brazil, only 3% of the bean area was planted by early September 2024 due to these adverse conditions.(Novojornal | Revista Globo Rural | Revista RPAnews | Blog do Valente | Money Report)
Brazil - Sugar Prices Rise 4.02% To R$ 137.06 In São Paulo
Sugar prices in São Paulo's spot market rose 4.02% to R$ 137.06 per 50 kg sack due to drought, high temperatures, and cane field fires. On September 6, the CEPEA/ESALQ indicator reflected this increase, with an average price of R$ 136.47 from September 2 to 6, as buyers aimed to secure stocks amid expected price hikes.(Notícias Agrícolas | Compre Rural | CenárioMT)
Brazil - New York Sugar Futures Drop To 18.90 Cents Per Pound
New York sugar futures closed at 18.90 cents per pound, down 54 points, with Brazil's sugar production projected at 37.7 million tons, a 4 million ton reduction. Global supply is tight due to India's export restrictions. Prices may rise to 21-22 cents per pound amid a 650,000 metric ton surplus and Brazil's declining sugarcane crop.(Revista RPAnews | ChiniMandi News | Portal do Agronegócio)
Cuba - Repairs Underway For Sugar Harvest Start In Granma
Paquito Rosales Factory Aims For 12,000 Tons Sugar Production
Repairs are underway in Granma's factories to ensure the sugar harvest begins efficiently, crucial for the local economy. Meanwhile, the Paquito Rosales Sugar Factory aims to boost production from 2,000 tons of molasses to 10,000-12,000 tons of sugar with 330 workers, supported by a new seven-kilometer water pipeline benefiting 5,000 residents.(Radio Habana Cuba | Granma Deutsch)
Mexico - Ingenio Eldorado Plans 1,500 To 2,000 Hectares Expansion By 2026
The Ingenio Eldorado, managed by Serapio Group S.A. de C.V., is undergoing an industrial valuation to secure credit lines for expanding sugarcane cultivation. Currently, over 3,400 hectares are planted, with plans for an additional 1,500 to 2,000 hectares by 2026. The local reservoir is at 31% capacity, expected to rise to 40-50%, supporting irrigation needs.(Luz Noticias)
United States - Sugar Policy Alliance Urges Increased Imports As Reserves Drop Below Two Weeks
The Sugar Policy Alliance is urging Agriculture Secretary Tom Vilsack to increase sugar import quotas due to U.S. sugar reserves being critically low, with less than two weeks' supply. Current wholesale prices are at 35 cents per pound, above historic norms. Factors like poor crop conditions and upcoming hurricane risks threaten sugar availability and food manufacturing jobs.(Supermarket News)
France - Tereos Starts Solid Recovered Fuels Boiler Construction In Origny-Sainte-Benoite
Tereos has initiated the construction of a solid recovered fuels boiler to decarbonize its Origny-Sainte-Benoite site. This project aims to reduce carbon emissions and enhance sustainability in operations.(L'Usine Nouvelle)
France - Sugar Or Biofuel: The Future Of Sugar Beets At Stake
The article discusses the dilemma of whether to produce sugar or biofuel from sugar beets, highlighting the need for a solution to this equation. It emphasizes the challenges and future prospects for the sugar beet industry amid changing market demands.(La Voix du Nord)
Germany - Südzucker Begins 95-Day Beet Campaign With 240 Employees
Südzucker has commenced its beet campaign, officially starting on Tuesday with the ignition of the calcination furnace. The campaign is expected to last 95 days, with 240 employees involved. Compared to last year, larger and healthier beets are anticipated, despite challenges from pests. Contracts for next year are already in place, with no significant changes in farmer participation.(Heilbronner Stimme)
Germany - Anklam Sugar Beet Campaign Expects 1.7 Million Tons Processed
The Anklam sugar beet campaign has started, expecting to process 1.6 to 1.7 million tons from 323 farms over 23,500 hectares until mid-January 2025. The factory operates 24/7, employing 30 temporary workers and 25 apprentices. Initial sugar content is over 18%, boosted by recent rains despite earlier drought conditions.(Süddeutsche Zeitung - SZ.de | n-tv NACHRICHTEN | Merkur.de | FAZ - Frankfurter Allgemeine Zeitung)
Germany - Anklamer Zuckerfabrik Begins Sugar Beet Processing Yielding 70 Tons
Anklamer Zuckerfabrik has started processing sugar beets, yielding 70 tons per hectare with sugar content of 18%-18.4%. The factory holds a 6-7% market share but faces price drops from €850 to €500-550 per ton. In Mecklenburg-Vorpommern, the harvest spans over 23,000 hectares, with a total yield expected at 1.7 million tons.(svz – Schweriner Volkszeitung | NDR.de)
Poland - Südzucker Launches Sugar Beet Campaign, Cuts Co2 Emissions By 50%
Südzucker Polska S.A. inaugurated the 2024/2025 sugar beet campaign at Cukrownia Strzelin with the last use of a coal boiler on August 31. Upcoming modernization will replace coal with natural gas, reducing CO2 emissions by nearly 50% and particulate emissions by 96%. This transformation is supported by the Modernization Fund and is part of Südzucker's global sustainability strategy.(Farmer.pl)
Russia - Sejm River Pollution: 17 Tons Of Dead Fish Reported
The Seim River in Russia is polluted due to wastewater discharge from a sugar plant in Tiotkino, causing significant fish kills. Prime Minister Denis Shmygal reported 17 tons of dead fish and estimated damages over UAH 200 million. Pollution is affecting the Desna River, reaching Chernihiv, with ongoing cleanup efforts supervised by Minister Svitlana Hrynchuk.(Українські Національні Новини)
Spain - Sugar Industry Workers Demand 500 Euros Amid 10% Purchasing Power Loss
Almost a hundred workers and union representatives from UGT and CCOO protested at the ACOR sugar plant in Olmedo, Valladolid, demanding a new collective agreement and a linear payment of 500 euros. They seek to address a 10% loss in purchasing power due to inflation, with the IPC rising 15.3% while salaries increased only 5%. Further protests are planned across Castilla y León and Andalucía.(agroinformacion.com)
World - Net Sugar Production Projected At 29.3 Mn Mt In Sy25
Net sugar production is projected to decline to 29.3 million metric tons in the sugar year 2025.(BW Businessworld)
World - Fao Food Price Index Falls 1.1% To 120.7 Points
In August, the FAO Food Price Index fell 1.1% to 120.7 points, impacted by lower prices in cereals, meat, and sugar. Sugar prices reached 113.9 points, the lowest since October 2022. Concurrently, sugar futures dropped for the fifth session amid a 4% decline in crude oil, with New York sugar at 18.47 cents/lbp and London at $518.60/ton.(Compre Rural | Barchart | Notícias Agrícolas | Nasdaq)
World - Sugar Futures Drop 1% As Crude Oil Falls 4%
Sugar prices have declined for the fifth consecutive session, influenced by a 4% drop in WTI crude oil prices, which hit a 16-month low. In New York, October/24 sugar fell to 18.47 cents/lbp, while London closed at $518.60/ton. This trend highlights the interconnection between energy costs and agricultural commodities.(Barchart | Barchart | Notícias Agrícolas)
Australia - Cane Harvest Disruption Persists 10 Months After Cyclone Jasper
Cyclone Jasper has significantly disrupted the cane harvest, even 10 months after the event. The article highlights the unprecedented impact of the cyclone on the industry, indicating that the effects are still felt deeply by farmers and stakeholders involved in sugar cane production.(The Cairns Post)
Fiji - Council Urges Farmers To Stop Cane Burning, $3-$5 Loss Per Ton
The Sugar Cane Growers Council is concerned about the rising trend of cane burning, which causes financial losses of $3-$5 per ton. They urge farmers to stop burning as it reduces income, destroys cane quality, and complicates milling operations, leading to a longer crushing season and increased harvesting costs. The council advocates for harvesting green cane instead.(FBC News)
Fiji - New Rakiraki Sugar Mill Requires 250,000 Tonnes Supply
The new Rakiraki sugar mill requires a minimum supply of 250,000 tonnes of sugarcane, as local production has dropped from 300,000 to 150,000 tonnes annually. Meanwhile, Fiji's Penang mill revival depends on a sugarcane supply of 1.1 million tonnes, marking an 18.4% increase for the 2023-2024 crop.(ChiniMandi News | ChiniMandi News)
Kenya - Police Investigate Fire Destroying 3 Hectares Of Cane In Kwale
Detectives are investigating a fire at a sugarcane plantation in Manjoreni, Kwale County, which destroyed approximately 3 hectares of mature cane. The cause remains unknown. In separate incidents, fires in Nairobi and Laikipia also caused property damage with no reported injuries. Investigations are ongoing in all cases.(The Star Kenya)
Kenya - Kenya Bans Sugar Imports, Local Production Expected Over 800,000 Tonnes
Kenya has banned sugar imports from outside the COMESA and EAC trade blocs, anticipating local production to exceed 800,000 metric tonnes in 2023. The average annual consumption is about 950,000 metric tonnes. This decision aims to protect local producers and combat illegal smuggling as existing import safeguards expire in February 2025.(Daijiworld.com | People Daily | The Star Kenya | Kenyans.co.ke | MENAFN.COM | The East African | Bhaskar Live | Social News XYZ | Lokmat Times | Nairobi Leo)