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Set Alert for Sugar

Brazil’s Canaplan sees CS sugar output up at 28 mln tonnes

Sugar mills in Brazil’s Centre/South (CS) region are expected to raise sugar production in the new 2019/20 season to somewhere between 27 and 28 million tonnes, tel quel, from 26.5 mln in 2018/19, local consultancy Canaplan projected.

Brazil Sugar Cane Sugar

Pakistan sugar output 9% behind last year

Pakistan produced 1,602,774 tonnes of sugar cane, white value, in February 2019, up 12% from 1,433,016 in the same month last year, official data showed.

Pakistan Sugar Cane Sugar


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

Weekly Review: Sugar still range-bound

Crests and troughs in the sugar market have been getting closer through 2019 to date, suggesting the known fundamentals are now mostly priced in.

Sugar Cane Sugar

France’s Cristal Union mulls closure of two sugar factories

Cristal Union plans to close two sugar factories in France, local daily L'Opinion reported.

Cristal Union Sugar

Futures Review: Sugar retreats on weaker Brazilian real

Raw sugar futures in New York ended lower for the third straight session as a weaker Brazilian real weighed on the market.

Sugar Cane Sugar

Ukraine sugar beet sowing rises, Russia 29% complete

Ukranian sugar beet sown area reached 189,000 hectares as of April 15, up from 130,000 ha a week earlier, according to the Agriculture Ministry.

Ukraine Beet Sugar

Mexico sugar cane crush continues at strong pace

Mexico produced 271,130 tonnes of sugar in the week to April 13, down only fractionally from 274,351 in the previous week and significantly above 246,518 in the same week a year ago, official data showed.

Sugar Mexico

Futures Review: Raw sugar falls to 2-week low

Raw sugar futures in New York settled lower for the second straight session but prices remained within their recent trading range.

Sugar Cane Sugar
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Set Alert for IEG Vu Sugar :: Sweeteners

Russia to slash reduced VAT rate on sugar-sweetened drinks

Russia's ministry of finance has proposed to abolish the preferential VAT rate of 10% on non-alcoholic beverages with a high sugar content.

Russian Federation Blended Juices

Brazilian sugar output set for 11% increase

Brazil is expected to produce 32.2 million tonnes of sugar in 2018/19, an 11.42% y-o-y increase, according to sister title IEG FNP.

Sugar Brazil

LetterOne to impose financial plan on Spanish retailer DIA

The Luxembourg-based investment fund LetterOne (Letter 1 Retail) has imposed its EUR500 million (USD566 mln) rescue plan onSpanish retailer DIA, listed on the Madrid exchange, against DIA’s management plan, worth EUR600 mln, which was presented at the shareholder meeting on March 20 in Madrid.

Investments M&A

Armenia to impose a sugar tax on soft drinks

Armenia's Ministry of Finance proposes to increase taxes on carbonated beverages by 5% per litre.

Armenia Carbonates

Soft drinks tax proves more lucrative than expected

Funds collected from Thailand’s soft drinks tax for the first five months of fiscal 2019 rose by 2-3%, or about THB300 million (USD9.4 mln).

Price Beverages

European beverage companies uncertain about effect of sugar tax

European beverage companies attending Gulfood believe it will be a year before the full impact of the levy is felt in the Gulf state.

Middle East and Africa Europe
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