Sugar Industry News

The latest news on the sugar industry... Covering global trade issues, mergers and acquisitions, crop reports and more. Policy on registration and subscriptionbugmenot.com  rss.xml

Updated : Fri, 30 Jul 2010 07:41:32 +0200
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Kenya: Sale of Miwani Sugar to Public Put in Doubt

Nairobi The illegal sale of 10,000 acres belonging to Miwani Sugar Company at a paltry Sh28 million could stand in its way to privatisation

Burkina Faso: Biofuels Could Increase Food Production, Says Report

Ouagadougou Planting biofuel crops in Africa need not damage capacity to grow food and could even enhance food security, according to a controversial review prepared for the Forum for Agricultural Research in Africa (FARA).

South Africa: Private Investor - Tongaat's a Maybe for Rand-Sugar Hedgers

Johannesburg TONGAAT Hulett (Tongaat) has featured in this column several times, mainly because it was a candidate for the Private Investor portfolio in the last quarter of 2007.

Mauritius's Refined Sugar Exports to Europe Set to Quadruple, Body Says

Mauritius will boost its exports of refined sugar to the European Union to 320,000 metric tons this year, following the Indian Ocean island nations moves to increase processing of the sweetener.

Regulator wants sugar prices hiked

THE SUGAR Regulatory Administration (SRA) wants suggested retail prices (SRP) for refined sugar hiked to P54 per kilo from the current P52 given world market developments.

Cut in sugar, electricity rates should be PMs priority

LAHORE (PPI) - Pakistan Industrial and Traders Associations Front (PIAF) has urged the Prime Minister to give top priority to cut in sugar and electricity prices in upcoming Ramazan Package.

19.2 lakh tonnes of sugar made available for August

The Union government has made available 19.20 lakh tonnes of sugar for the festival month of August.

South Africa: Sugar Production Hurt By Low Rainfall

Johannesburg TONGAAT Hulett, a large-scale agri-processing business and one of SA's biggest sugar producers, has said local production is being hurt by low rainfall in the KwaZulu-Natal north coast region.

Huge maize crop and sugar potential will drive Tongaat

SOUTH Africa's Tongaat Hulett hopes to benefit from the largest maize crop in nearly three decades and its efforts to maximise its installed sugar production capacity over the coming year

Mumias Sugar of Kenya Rises the Most in Two Months on Profit Speculation

Mumias Sugar Co., Kenyas biggest producer of the sweetener, climbed the most in two months on speculation its full-year earnings will rise.

Sugar beet crop may set record

oth wheat and sugar beets are early in Sanilac County and all indicators show it will be an exceptional year for both crops.

Much better week for sugar mill

THE Proserpine Sugar Mill had a much more successful week than last with 91,928 tonnes of cane crushed, almost making the week's budget of 93,043 tonnes.

Maryborough Sugar seeks help

MARYBOROUGH Sugar Factory is in discussions with third parties interested in taking a stake in the business and help fund future expansion.

Sugar growers to watch videos

Canegrowers is taking farmers for a ride.

Sugar decontrol only after assessing cane output: Pawar

NEW DELHI: The Food Minister, Mr Sharad Pawar, has said that any decision on decontrolling the sugar sector will be taken only after assessing the likely production for the next year and keeping in mind the interest of the consumers.

Move by factories to raise sugar price fails

PUNE: The syndicate of sugar factories, from six states including Maharashtra, which last week decided to increase sale price of sugar by Rs 200 per quintal had to go on a backfoot. It was a result of lesser demand for sugar, higher sugar production during 2009-10 crushing season and the prospect of having even higher production during the fresh crushing season starting October.

Raw sugar imports dent E.I.D. Parry profits in Q1

The drop in prices of raw sugar and white sugar has had an adverse impact on E.I.D.-Parry (India) Ltd performance in the first quarter.

Sugar drops as mills blink on base price

Sugar prices dropped sharply on Wednesday as mills started to sell below the base price of Rs 2,700 a quintal fixed last Thursday.

Record Lineup of Ships Waiting for Brazil Sugar May Worsen as Rains Return

Rain in Brazil next week may disrupt sugar loading at the countrys two biggest ports, threatening to worsen a record lineup of ships waiting to export the sweetener.

New sugar wont rely on labour

MECHANISATION of the sugar industry under the Chinese, which recently acquired the bulk of Governmentowned sugar factories up for divestment, will likely phase out the need for sugar cane-cutters.

Jamaica courts Canadian investors

TORONTO, Canada (JIS) -- Minister of Industry, Investment and Commerce, Karl Samuda is urging businesspeople in Canada to look to Jamaica, noting that Jamaica has a lot to offer investors.

Zimbabwe: Government Ready to Assist South African Investors - Moyo

Harare Outgoing Zimbabwean Ambassador to South Africa Simon Khaya Moyo says Zimbabwe is ready to assist South Africans who want to invest in the country.

South Africa: Country Needs to Build 'Viable College Sector'

Johannesburg HIGHER Education and Training Minister Blade Nzimande says that he does not believe universities that claim they are not getting the "right students" from the school system.