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Sugar

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Guatemalan sugar campaign report: December 9, 2018

Guatemala produced 143,022 tonnes of sugar, tel quel, in the week to December 9, up from 118,749 tonnes in the previous week and compared with 99,026 tonnes in the same period a year ago, industry data showed.

Guatemala Cane Sugar Production

Futures Review: Sugar futures post small losses

Raw sugar futures in New York ended with slight losses as lower crude oil prices as well as a weakening Brazilian currency pressured prices.

Sugar Cane Sugar Futures
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Sugar

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

Australian cane crush wraps up in early December

Sugar mills crushed only 132,000 tonnes of cane in the week to December 9 as the crop has practically ended.
Sugar Cane Sugar

Thai sugar output crosses 1 mln-tonne mark

Thailand’s sugar production from the 2018/19 crush crossed the 1 million tonnes threshold by mid-December, official data showed.

Thailand Production

Futures Review: Raw sugar settles with losses at end of the week

Raw sugar futures in New York ended with slight losses as the market was weighed down by a weak Brazilian currency at the end of the week.

Sugar Cane Sugar

Brazil blames EU for stalling Mercosur trade talks

A top Brazilian official has declared that the South American bloc Mercosur is ready to close the trade agreement with the EU, but the talks have broken down again due to the unwillingness of the European Commission.

EU Mercosur

Weekly Review: Sugar may start to reflect lower crop estimates

More supportive news from origins initially supported sugar futures this week.

Sugar Cane Sugar

Brazil's NNE sugar output up 14.6% as of December 1

Sugar mills in the North/Northeast (NNE) sugarcane region produced 1,499,950 tonnes of sugar, tel quel, in the 2018/19 crush as of December 1, up 14.6% from 1,308,743 at the same time a year ago, AgMin data showed.

Brazil Sugar
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Sweeteners

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Sri Lanka cuts sugar tax on sweetened beverages

The country’s Finance Ministry has been instructed to cut the sugar tax by 40%, after a meeting with industry leaders. The government says this could cut the retail price of soft drinks by around 30%.

Sri Lanka Beverages

Morocco changes focus of its beverage sugar tax

Morocco’s Council of Minsters has abolished the specific VAT adopted on sweetened drinks and introduced a graduated increase of the domestic consumption tax on these drinks according to their sugar content.

Beverages Morocco

Russian soft drinks industry plans to block sugar tax proposal

Russia’s leading carbonated soft drinks (CSDs) producers, and the multinationals operating in the country, are worried that the new soft drinks tax will cause the market to shrink by 0%. Currently, only alcoholic drinks are taxed in Russia.

Beverages Russian Federation

Podcast: Sugar and red meat taxes – policy outlook and potential market impacts

The topic of taxing certain food and drink products to change consumer behaviour has become one of the most hotly-contested debates in public health policy around the globe

Carbonates Bottled Water

Morocco to raise taxes on sugared soft drinks by half

Domestic taxes on nectars will increase from MAD10 to MAD15 per 100 litres, while for energy drinks the tax per 100 litres rises from MAD500 to MAD600.

Morocco Beverages

Malaysia latest country to introduce beverages sugar tax

From 1 April 2019, an excise duty of MYR 0.40 (10 US cents) will apply to beverages containing more than 5 grams of sugar per 100ml and juices that contain more than 12g of sugar per 100ml.

Beverages Blended Juices
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