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Latest From Stefan Uhlenbrock
Sugar production in the Centre/South (CS) will likely rise to 30.2 mln tonnes in the 2019/20 season, about 14% more than a year earlier, broker and analyst INTL FCStone said.
Associated British Foods' group revenue from continuing operations for the 16 weeks ended 5 January 2019 was 2% ahead of the same period last year at constant currency, the company said in a trading update.
Azucarera's sugar factory Miranda de Ebro ended beet processing for the 2018/19 crop on January 9. It had opened on October 23 and was operational for 79 days.
Raw sugar futures in New York ended with significant losses as the market corrected from a 2-1/2-month high hit in the previous session.
India's sugar exports in 2018/19 (Oct/Sep) are likely to be far lower than a 5 mln tonne target set by the government as a strengthening rupee and falling global prices make shipments unattractive despite a government push for overseas sales, Reuters reported.
Russia exported 13,500 tonnes of sugar by rail in December 2018, the Russian Sugar Producers Union reported.