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Sugar

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Weekly Review: Current surplus, currency still weighing on sugar price

Who would have thought, a few seasons back, that the sugar market would behave with such restraint to an estimated year-to-date drop of over a quarter in this season’s production by top supplier Brazil, as reported by local industry body Unica this week?

Sugar Cane Sugar Futures

Indian government hikes minimum sugar selling price

India has raised the minimum selling price of sugar at the mill-gate to INR31 per kg from INR29, said Ram Vilas Paswan, the minister of consumer affairs, food & public distribution.

India Sugar Cane Sugar
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Sugar

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

Brazilian sugar mills likely to delay harvest due to weather, ethanol stocks

Mills in the Centre/South are likely to start harvesting the new sugarcane crop later than usual to allow cane fields to take advantage of late rains while holding excess ethanol stocks after over-producing last year, Reuters reported.

Brazil Sugar

France's Saint Louis Sucre to close two sugar mills after 2019/20 season

Saint Louis Sucre announced on February 14 to close two of its four sugar factories in France as part of a wider restructuring plan at its parent Südzucker.

France Sugar

Futures Review: Sugar ends in the red amid weak Brazilian currency

Raw sugar futures in New York ended with slight losses as the market continued to be dominated by outside factors such as a weakening Brazilian real.

Sugar Futures

Peru's 2019 sugar output may rise by 15%

Peruvian sugar production in 2019 will reach approximately 1,293,600 tonnes, according to the executive director of the Peruvian Association of Agroindustrial Sugar and Derivatives (APAAD), Diego Cateriano.

Peru Sugar

Dutch sugar production falls 16.8% in 2018/19

The Netherlands produced 1,103,435 tonnes of sugar, white value, in 2018/19, down 16.8% from 1,325,501 a year earlier, the country’s sole producer Royal Cosun announced.

Netherlands Sugar

France raises 2018/19 sugar beet yield

France's agriculture ministry's statistical unit Agreste raised its estimate of the 2018/19 sugar beet yield.

France Sugar
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Sweeteners

Set Alert for IEG Vu Sugar :: Sweeteners

Spanish food and drink industry ratifies plan to reduce products’ sugar, salt and fat content

Spain’s Food and Drink Industry Federation (FIAB) has ratified a “Collaboration Plan for the Improvement of the Composition of Food and Beverages and Other Measures 2020”.

Sugar Beverages

Holland rules that AJC and other juices are added sweeteners

In a series of decisions, the Dutch Advertising Code Committee (RCC) has ruled against ‘no added sugars’ claims on products which were sweetened with date paste, apple juice concentrate and concentrated beet juice

Netherlands Beverages

Orangina Suntory prepares new French beverages range for launch

In the last two years, the decline in sales of traditional colas has accelerated in favour of tea and fruit drinks. Bertrand Delmas, chief executive of Orangina Suntory France, has called this change a “structural revolution".

Beverages Fruit Drinks

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
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