Sugar Industry News

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Updated : Fri, 12 Feb 2016 08:29:22 +0200
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PM-formed body fails to recommend strategy to control sugar rate

Amid downward trend in intl prices, inter-ministerial committee waiting for rate to increase by by 10pc for discontinuing ECC-approved commodity export

How Giving Up Sugar For Lent Affects Your Brain

Lent began yesterday. If youre Catholic, or just like to challenge yourself to abstain from something once a year, you might be giving up sugar for the next 40 days. Heres how that might affect your brain.

Mauritius sugar producer Alteo's pre-tax profit down 63 pct in Q2

Feb 11 Mauritius sugar producer Alteo's pre-tax profit fell 63 percent to 243 million Mauritius rupees ($6.87 million) in the three months to Dec. 31, the company said on Thursday, blaming lower energy tariffs and a temporary mill closure in Kenya.

Committee delays halting sugar exports

ISLAMABAD: An inter-ministerial committee headed by Commerce Minister Khurram Dastgir deferred on Thursday an expected decision to discontinue sugar exports to contain rising prices in the domestic market.

Sugar price raised by Rs5 despite downward trend in world market

ISLAMABAD: In order to pocket billions of rupees windfall profits, the sugar tycoons have increased the price of sweetener by Rs5 per kg in the domestic market despite downward trends in international market and sufficient availability that even irked Minister for Commerce Khurram Dastgir Khan.

Strong futures sweeten sugar

Sugar market shot up tracking extended gain in futures amid higher retail and bulk demand. Maharashtras producers sold the commodity at 20-30 a quintal higher. Naka rates also went up by 40-70. Arrivals to the Vashi market remained stable at 60-61 truck loads while local dispatches increased to 62-63 loads.

Duale accuses Opposition MP of conspiracy over sugar report

NAIROBI, Kenya, Feb 11 National Assembly Majority Leader Aden Duale has accused an Opposition MP of conspiring with unknown individuals to kill a damning report on the sugar sector which was slated for debate in Parliament on Thursday.

'Reform subsidies to sugar beet producers and support small scale farming' says report looking at ways to combat sugar problem

A new briefing paper published by the Food Research Collaboration (FRC) outlines six proposals for UK policy that could help the country tackle sugar-related problems at home and abroad.

Thai Companys Return to Sugar Group Challenged by NGOs

Three local NGOs have filed a complaint with international sugar industry group Bonsucro for readmitting Thai sugar giant Mitr Phol even though thousands of families forced off the companys former plantations in Oddar Meanchey province have yet to be fully compensated.

How the Commodities Market is Pummeling Sugar Rights Holders

Sugar. Its such a labor-intensive crop that it drove the slave industry in the Caribbean for decades. Even in the two centuries since then, sugar has been at the center of allegations of forced labor, child labor and deadly working conditions.

Uganda: Government Intervenes in Sugar Producers Row

Kampala Large scale sugar manufacturers have resorted to unfair trade practices to suffocate small scale producers out of business, Daily Monitor has learnt.

Egypt cancels protection fees on sugar imports days after raising customs

Minister of Trade and Industry Tarek Qabil published a decision in the Egyptian Official Gazette Tuesday ordering the cancellation of the protection fees imposed by the ministry on white sugar imports in April 2015.

GuySuCo offering severance, other options to Wales estate employees

In the wake of its planned closure later this year, groups of workers of the Wales Sugar Estate on Monday attended meetings with GuySuCo officials to discuss their fate and many were left displeased with the decisions made.

Trade minister criticised over Queensland sugar regulation

Trade Minister Andrew Robb has been warned that Australia has damaged its reputation as an investment destination following a decision by the Queensland Parliament to effectively re-regulate the nation's $2 billion sugar industry. Read more: http://www.afr.com/news/politics/trade-minister-criticised-over-queensland-sugar-regulation-20160208-gmp11n#ixzz3zpuwagtp Follow us: @FinancialReview on Twitter | financialreview on Facebook

Government pledges to support small sugar millers

Cabinet has already passed the new Sugar Bill 2015, which will provide for mechanisms to support all sugar millers in the country

Cattle industry welcomes expansion of Pacific Islander seasonal worker visa program

Plans to expand the Federal Government's Seasonal Worker Program have been welcomed by the cattle industry, which has been lobbying for inclusion in the scheme for eight years.

Government intervenes in sugar producers row

Kampala. Large scale sugar manufacturers have resorted to unfair trade practices to suffocate small scale producers out of business, Daily Monitor has learnt. In a recent meeting between ministry of Trade and the small scale sugar producers, it became apparent that the actions of the large producers, if ignored, could have profound impact on the operations of those producing suagr on small scale.

AB Foods eyes rest of Illovo Sugar

Johannesburg - South Africa's Illovo Sugar said on Monday it has received a non-binding expression of interest from its largest shareholder, Associated British Foods, in buying the rest of the company.

Uganda: Kinyara Farmers Get Mediator for Pay Rise Row

Masindi Sugarcane farmers in Kinyara have secured an arbitrator who will mediate between them and Kinyara Sugar Factory management as they push for increased payment for their cane, among other issues.

For sugar tax supporters, 2016 may be the sweet spot

LONDON (Reuters) - 2016 could be the year of the sugar tax, as several large nations consider levies on sweetened food and drinks to battle obesity and fatten government coffers.

Striking is not in the interest of the sugar workers

GuySuCo is a state-owned corporation and the responsible Minister is at the MOA, so his permission to make such a far-reaching decision had to be obtained before the board could have announced the closure. Does Mr Parmanand think that we are madmen to make such an important decision which has such far-reaching financial, social and political repercussions without it being discussed at the cabinet level?

Cane growers anxious over wait for contracts

CANEGROWERS Queensland chairman Paul Schembri says some Mackay growers are "anxiously" waiting to sign next year's contracts with milling company Wilmar.

Czech Republic - Sugar industry processes 11% less beet

Sugar beet processing in 2015/16 amounted to 3.888 mln tonnes, down from 4.400 mln in 2014/15. This followed cuts in the area sown to beet and poorer weather conditions.

Illovo sees dip in sugar output

Johannesburg - Africas largest sugar producer, Illovo Sugar, is expecting sugar production to drop for the 2015/16 season due to the drought.

Bitter harvest as dry spell squeezes sugar cane farmers

SA WILL produce its smallest sugar cane crop in 21 years as the industry battles the countrys driest spell on record, squeezing growers.

Cane growers anxious over wait for contracts

CANEGROWERS Queensland chairman Paul Schembri says some Mackay growers are "anxiously" waiting to sign next year's contracts with milling company Wilmar.

Czech Republic - Sugar industry processes 11% less beet

Sugar beet processing in 2015/16 amounted to 3.888 mln tonnes, down from 4.400 mln in 2014/15. This followed cuts in the area sown to beet and poorer weather conditions.

BoI To Pump More Funds Into Nigerias Sugar Sector

The Bank of Industry (BoI) in Nigeria plans to inject more funds into the countrys sugar industry as part of efforts to promote the local industry and diversify the economy through value addition.

AB Sugar: Europe beet industry has good export potential

DUBAI - AB Sugar said on Monday that European Union (EU) reforms to sugar policy, set to come into full force by 2017, could translate into an export opportunity for Europe's beet industry but that only efficient producers would benefit.

Wilmar wins Federal Court challenge against Queensland Sugar Limited as marketing dispute continues

Sugar milling company Wilmar has won a Federal Court battle against Queensland Sugar Limited, the industry-owned company that markets 85 per cent of the nation's raw sugar.

A sweet forecast: Technavios outlook for Europes sugar and sweetener market

Stevia price wars, a desire for natural sweeteners and a mega boom of sugar production when EU sugar quotas come to an end feature among Technavios predictions for Europes sugar and sweetener market. Its a good future for the European sweetener industry, says the market analyst.

Herbicide-tolerant sugar beet being trialled in UK

Two herbicide-tolerant sugar beet varieties have been entered into UK trials, offering growers a new herbicide to tackle troublesome weeds.

Sugar and spice on the island of Reunion

Without the volcanic activity that leapt through the floor of the Indian Ocean three million years ago, Runion, between Mauritius and Madagascar, wouldnt exist.

Talks to assist farmers

SUGAR industry stakeholders will meet to discuss how farmers can be assisted in importing more mechanical harvesters.

Bihar government to provide remissions to cash-strapped sugar mills

PATNA: In view of the financial crisis which Bihar's sugar industry faces, state cabinet on Tuesday cleared a proposal to provide a few remissions to sugar factories in order to enable them to pay proper price to the cane growers of their produce.

Indian mills set to sell 1 m tonnes more sugar

Summary: One million tonnes have been contracted and another one million tonnes will be contracted, Tarun Sawhney, president of Indian Sugar Mills Association, told a conference in Dubai. Of the total 1 million tonnes contracted, around 700,000 tonnes have already moved out of the country.

Bagasse and Blended Biomass Cogeneration Advances in the Cuban Sugarcane Industry

Cuba, like other countries with few fossil energy resources, has used biomass to fuel its industrial processes for decades. More recently, it has worked to improve efficiency and increase the role that these plants play in supplying grid power.

Consumer rights group to go to the FCID over Sevanagala sugar

The National Movement for Consumer Rights Protection (NMCRP) will soon be lodging a complaint at the Financial Crimes Investigation Division (FCID) over sugar from the Sevanagala factory allegedly being sold to a businessman affiliated with the Government instead of being sold directly to the Sathosa.

Chemelil Sugar owes farmers Sh186m

NAIROBI: Chemelil Sugar Company says it still owes cane suppliers Sh185.7 million. However, the miller moved to allay fears that it may be on the brink of collapse.

Maharashtra sugar mills to supply 33 crore litres of ethanol to oil marketing companies

Around 32.88 crore litres of ethanol has been approved for sugar mills in Maharashtra in a recent tender floated by oil marketing companies (OMCs). This is perhaps the first time that 53 sugar factories that have ethanol plants in the state have come forward to bid for ethanol, top officials of the Maharashtra State Cooperative Sugar Factories Federation (MSCSFF) said.

Zimbabwe: Tongaat Allays Sugar Shortage Fears

Triangle-based sugar milling company Tongaat Hulett has assured the nation that there are enough stocks of sugar despite fears that the current low rainfall may affect cane production. Media reports yesterday suggested that the country was facing a sugar shortage due to drought. In a statement yesterday, Tongaat Hulett corporate affairs and communications manager Ms Adelaide Chikunguru said current stocks were enough to last even up to 2017.

Sugar mills trial before crushing season

The Four sugar mills will first go under trial before crushing proper is to begin for this up-coming crushing season.

A salute to sugar beet growers

Eastern Montana just wrapped up a sugar beet harvest for the record books producing over 30 tons of sugar beets per acre, with a sugar content among the highest in the nation.

Sugar analyst and canegrowers rep discuss global sugar deficit

Eliza Rogers speaks with sugar analyst Tom McNeill from Green Pool Commodities and the Queensland and Australian chair of Canegrowers Paul Schembri about the first global sugar deficit in five years

Sugar values set to rise as global production goes into deficit for first time in five years

Sugar is one of the few bright lights on the global commodity stage at the moment as demand outstrips supply for the first time in five years.

Arabian Sugar planning to boost capacity

Bahrains Arabian Sugar Company, which came onstream in 2014 and produced 200,000 tonnes of white sugar last year....

EU sugar exports to miss quota on smaller crop: Sopex

FRANKFURT: The European Union is poised to miss its sugar export quotas this season as a reduced harvest limits overseas sales, according to independent soft commodities trader Group Sopex.

Kingsman cuts sugar deficit forecasts, citing record Brazil crush

Platts Kingsman foresaw the potential for the cane harvest in Brazil's key Centre South region to set a record next season by a distance, as the analysis group cut 1m tonnes from its estimates for global sugar output deficits.

Bunge Sees Light at End of Tunnel for Brazil's Sugar Industry

The Brazilian sugar industry is reaching a turning point as global shortages mean more stable prices at a time the depreciation of the real is reducing costs, according to Bunge Ltd., which owns eight mills in the nation.

ED&F Man Sees Sugar as Top Pick on First Shortage in Five Years

Sugar is one of the best agricultural commodities as the global market is set to face its first shortage in five years, according to ED&F Man Holdings Ltd.

Al-Khaleej says sugar export prospects weak

DUBAI: Dubai's Al-Khaleej Sugar Refinery, the world's biggest port-based refinery, said on Saturday it was operating at only 70 percent of its capacity due to slow physical demand for white sugar despite high white premiums

Dubai sugar refinery operating at 70pc capacity

Dubai's Al Khaleej Sugar Refinery, the world's biggest port-based refinery, said on Saturday it was operating at only 70 per cent of its capacity due to slow physical demand for white sugar despite high white premiums.

Wrong turn Multi-million dollar Andrews restructuring project in jeopardy

A day after Minister of Finance Chris Sinckler delivered some sweet news to sugar farmers who have been awaiting pay, a major partner has threatened to pull out of Governments proposed $250 million Cane Industry Restructuring Project (CIRP) which is now in danger of collapsing.

Development of sugar industry in Ord valley looks shaky, after native title talks stall By Rebecca Turner

Plans to develop an Ord Valley sugar industry stretching across Western Australia and the Northern Territory are looking shaky, as native title talks stall over a small but crucial piece of land on the border of the two states.

SUGAR INDUSTRY COULD LOSE OVER E1BN REVENUE DUE TO DROUGHT

EZULWINI The sugar cane industry has announced that it might lose just over E1 billion in revenue if rainfall remains a scarcity up to March.

Agriculture Ministry looking at possible solution to Appleton Estate crisis

Permanent Secretary in the Ministry of Agriculture, Donovan Stanberry, says the ministry is looking at alternative sites for the processing of sugarcanes which were to be sent to the Appleton Sugar Estate in St Elizabeth.

Beets Can Be Beat

A story in the Dec. 27 Star Tribune reported how sugar beet farminga big deal in parts of western Minnesota and eastern North Dakotacould be hurt by consumer groups looking to eliminate genetically modified ingredients from food.

Harry Fairhead: Britain does not need a sugar tax

With all respect to Steve Doubles recent article in favour of a tax on sugar-sweetened drinks, the evidence and rationale for such a policy is not clear cut.

Paperboard packaging from sugar cane widely available for cosmetics brands

The sustainable packaging material is now being distributed across North America under the name Earth Pact by Veritiv in partnership with Carvajal Pulp and Paper.

Kenyan MPs 'conspire to kill' sugar crisis report

Legislators are yet to debate the report on the crisis in the sugar industry, one year after it was completed.

Rubio's Deep Sugar Ties Frustrate Conservatives

The Republican presidential candidate has been criticized for betraying conservative values when they conflict with the views of powerful donors.

Zimbabwe Sugar Sector Has Growth Potential

A GLOBAL markets research think-tank, BMI Research, says Zimbabwe's sugar sector has potential for growth once there is an improvement in access to key export markets.

New norms for sugar industry restrict wastewater discharge & emissions

The Central government has announced amendments to the Environment (Protection) Rules, 1986, with respect to the sugar industry regarding effluents and concentration values in milligramme per litre.

A little more time is needed to disclose a plan for the sugar industry

Phased restructuring of the sugar industry is better than some of the other choices

Other countries also subsidise their sugar industry

More than 100 countries produce sugar and every single one of them enjoys some form of government subsidy or concession.

Politics kicked out of sugar industry

The Fiji Sugar Corporation says politics has been kicked out of the sugar cane industry thanks to the Bainimarama Government.

Roadshow to focus on sugar industry progress

THE latest innovations, industry developments and issues will be discussed at length when sugar industry stakeholders begin a roadshow across the Western and Northern divisions cane belt areas in the first quarter of this year.

Jamaicas sugar export to Europe in jeopardy - Court injunction against Appleton could spell disaster

Allan Rickards, chairman of the All Island Jamaica Cane Farmers Association (AIJCFA), is warning that there must be an immediate resolution to the dispute which has led to an injunction obtained by Algix Jamaica (the operator of a St Elizabeth-based fish farm) against J Wray and Nephew (JWN), the operators of the Appleton Sugar Estate.

UAE imports record quantities of raw sugar

DUBAI The UAE, home to the worlds largest port-based sugar refinery, imported the most raw sugar on record at the end of 2015 just before Brazil and India started to run low on exports of the sweetener.

UAE sugar imports at record high just as Brazil runs low

The United Arab Emirates, home to the worlds largest port-based sugar refinery, imported the most raw sugar on record at the end of 2015 just before Brazil and India started to run low on exports of the sweetener.

Call for sugar tax to fight growing obesity

SOFT-DRINKS adverts brandishing schools names could become a thing of the past if the government heeds a call by the World Health Organisation (WHO) on sugary drinks and junk food.

Pacete: Hacienda: Home and workplace

THE frontline tourism package of Bacolod-Talisay-Silay Tourism Circuit is The Negros Sugar Story. The itinerary revolves around the ups and down of sugar industry involving the key players workers, plantation owners, millers, and the consumers.

Uganda: Sugar Company to Set-Up Shs221 Billion Power Plant

Mayuge Mayuge Sugar Industries Limited will in three months start the construction of a $63.6 million (about Shs221b) sugarcane waste electricity generation plant.

Pan-Caribbean hits back at Govt over sugar diversification criticism

THE Government is being criticised for failing to establish systems to facilitate more diversification of the sugar industry, in response to its own criticism that four years post-privatisation, investors are not pushing hard enough to explore new markets.

Roadshow to focus on sugar industry progress

THE latest innovations, industry developments and issues will be discussed at length when sugar industry stakeholders begin a roadshow across the Western and Northern divisions cane belt areas in the first quarter of this year.

Nanning Sugar to return to profit in 2015

Says 2015 expects to return to profit of 20-60 million yuan ($3.04-$9.12 million) versus net loss of 286.7 million yuan year ago

Foreign Investment In Sugar Mill Hampered By Land Issues

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World Health Organisation calls for sugar tax on childrens soft drinks

Their new report on childhood obesity says there is strong evidence that a sugar tax can work alongside other measures, such as reducing portion sizes and clarifying unclear food labelling.

Cord, Jubilee cited in ailing sugar industry

Mudavadi demanded that MPs hold a special sitting to discuss the crisis when they reconvene next month.

Wales and the sugar industry

As outlined in yesterdays editorial, the manner in which the APNU+AFC government and GuySuCo communicated the decision to close the Wales Sugar Estate was insensitive to a community that faces the loss of hundreds of jobs and puts families at risk of further penury and disintegration.

Sugar Board in offing for Uganda

KAMPALA, UGANDA - The Uganda Sugar Board (USB) is soon to become a reality and oversee the industry which in recent years has seen a sharp rise of sugar milling factories. Cabinet has approved and passed on to Parliament the new sugar Bill to streamline management and licensing of sugar mills. The Bill, which was drafted by the Ministry of Trade, Industry and Cooperatives, also provides for a regulatory framework.

Roxas group signs sugar R&D pact with DLSU

Sugar group Roxas Holdings, Inc. has tapped De La Salle University in Manila for research and development that will delve into sugar and its by-products.

Phased restructuring of the sugar industry is better than some of the other choices

A short while back I had written that the sugar industry is in dire straits, and that its uncertain future seems to matter only to those who have vested interests. This statement was in response to the calls of many in the public for GuySuCo to be closed. I, like many others, thereafter sought to make suggestions about how the industry can possibly be restructured and given an extension on its life.

Drought drying up crop

Chairman of the Barbados Sugar Industry Limited, Patrick Bethell, also estimated there will be a drastically reduced yield for the 2017 and 2018 harvests.

Nigeria Needs $3.1 Billion For Sugar Self-Sufficiency

Stakeholders in the sugar industry have estimated that Nigeria will need about $3.1bilion US to achieve self-sufficiency in the commodity.

Idaho sugar industry poised for success over the next several years

Idaho's sugar beet industry is strong and poised for success over the next several years, Idaho lawmakers were told recently.