Archived Articles

December 25, 2014 The Echo of India

Sugar remained sweet for consumers this year but turned bitter for mill owners who faced huge losses estimated at over Rs 3,000 crore and struggled to make payments to cane farmers due to sluggish sales realisation.

With sugar production all set to outstrip demand for the fifth year in a row and huge carry-over stocks, the outlook for 2015 appears no…

December 23, 2014 The Malaysian Insider

China, Malaysia and Indonesia have imported more than a million tonnes of sugar from top exporters Brazil and Thailand for December delivery, revving up trade deals in the region, dealers said today.

Demand rose substantially and the brisk momentum is likely to continue next month when the new season Thai supplies would start tricking in, said a…

December 22, 2014 Forbes By Tim Worstall

There’s rather less than nothing to this announcement that the U.S. is going to stop imposing a tariff upon imports of Mexican sugar into the U.S. For what they’re replacing the tariffs with are, at root, economically equivalent. And the end result will be that the U.S. consumer will continue to get shafted, as has been true for many decades now, in favour of the…

December 23, 2014 Business World By Claire-Ann Marie C. Feliciano

HIGHER SALES of ethanol drove Roxas Holdings, Inc.’s (RHI) profit in its fiscal year ending September, the listed sugar miller said in a regulatory filing on Tuesday.

It said its net income after tax jumped 30% to P615 million in its October-September fiscal year from the previous year’s P473 million.

RHI Chairman…

December 22, 2014 The Philippine Daily Inquirer By Amando Doronila  

The Association of Southeast Asian Nations (ASEAN) Free Trade Agreement that takes effect in 2015 looms as a threat to the Philippine sugar industry as the milling season for crop year 2014-2015 opens in Negros Occidental province, the heartland of the industry.

“Sacadas,” migrant laborers from Panay, have started the…