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Sugar

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Weekly Review: Range-bound sugar still struggles to break out

Sugar remains stuck in its long-term range around halfway between 12 and 13¢/lb despite the ISO raising its 2019/20 global deficit forecast this week from 4.76 to 6.12 mln tonnes - and viewing a potential further 3.5 mln shortfall for 2020/21.

Sugar Cane Sugar Futures

Brazilian sugar exports rise year-on-year

Brazil exported 1.970 million tonnes of sugar, raw value, in November 2019, up from 1.928 mln in October and also above the 1.875 mln in the same month last year, preliminary Trade Ministry data showed.

Brazil Sugar Cane Sugar

Sugar

Set Alert for IEG Vu Sugar :: Beet and Cane Sugar

Ukraine sugar production reached 1.33 mln tonnes

Ukrainian sugar factories processed 8.83 mln tonnes of beet into 1,328,100 tonnes of sugar as of December 6, the National Association of Sugar Producers (Ukrtsukor) reported.

Ukraine Sugar

India’s UP keeps minimum sugar cane price unchanged in 2019/20

India's top sugar producing state, Uttar Pradesh, has kept unchanged the minimum price mills must pay to cane growers in the new 2019/20 (Oct/Sep) season at INR3,150 per tonne for the common cane variety, according to a government order dated December 7.

India Sugar

Futures Review: Sugar showed further strength

Raw sugar futures in New York ended higher for the fourth straight session as the market continued its streak of incremental gains.

Sugar Price

Weekly Review: Cocoa market extends correction

Possibly slightly overbought in their recent run-up to 1½-year highs, cocoa futures markets continued to correct/consolidate their price gains.

Sugar Cane Sugar

Weekly Review: Sugar builds on recent strength

A more bullish constellation has aligned to help sustain a firmer tone in sugar futures.

Sugar Cane Sugar

German sugar beet output drops

Germany produced 1.535 mln tonnes of beet white sugar in the first two months of the 2019/20 campaign (Sep/Aug), down from 1.551 mln tonnes in the same period a year ago, official data showed.

Germany Sugar
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Sweeteners

Set Alert for IEG Vu Sugar :: Sweeteners

Morocco tries again to introduce beverage sugar tax

Morocco has introduced plans for a tax on sugar-sweetened beverages, to be introduced next year. A planned introduction of such a tax last year was scrapped after drinks manufacturers objected.

Morocco Beverages

Poland’s chief sanitary inspectorate pushes for sugar tax

Jarosław Pinkas, president of Poland’s Main Sanitary Inspectorate (GIS), has announced that his institution has developed documentation that could serve as the basis for the introduction of the so-called sugar tax in Poland.

Poland Beverages

Impending Italian sugar tax infuriates industry

The Italian government's decision to introduce a tax on sugar-sweetened drinks and plastic packaging has sparked a chorus of disapproval as the move might cost the industry over EUR300 million (USD330 mln).

Italy Beverages

Singapore the first state to ban advertising of sugary beverages

Singapore’s Ministry of Health has ordered the imposition of a blanket ban on advertising for the least healthy sugar sweetened beverages and is even considering banning their sale altogether. Singapore has one of the developed world’s highest diabetes rates.

Singapore Beverages

Sugar tax credited with drop in incidence of diabetes

The UAE’s Canadian Specialist Hospital has noted a drop in new Type Two diabetes diagnoses and reports from patients who are spurning fizzy drinks since the UAE's 'sin tax' was rolled out in 2017.

United Arab Emirates Beverages

Swiss food companies back sugar reduction plan

Food businesses have signed up to a Swiss government initiative linked to the amount of sugar in yogurt and breakfast cereals.

Switzerland Sugar
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