Archived Articles

August 6, 2015 Econotimes | http://goo.gl/nVEiM1

The raw sugar price came under renewed pressure yesterday and recorded a new 6½ year low of 10.74 US cents per pound. One reason for the low sugar price is the weak Brazilian real, which makes it attractive for Brazilian exporters to sell raw sugar from the ongoing harvest on the world markets. 

This serves to…

August 5, 2015Sugaronline | http://goo.gl/s2DrHA

European sugar companies are getting ready for a surge in overseas sales when export restrictions end in 2017, opening the door for competition with major producers such as Brazil, according to Bloomberg.

The European Union will become a net exporter of the sweetener and shipments may reach 4 million metric tonnes a…

August 5, 2015Sugaronline | http://goo.gl/4LGVcd

The current countervailing duty suspension agreement between the United States and Mexico is “biased toward shorting the market,” said Greg Breunig, vice-president of operations, Clasen Quality Coatings, Inc., representing sugar users at the International Sweetener Symposium, sponsored by the American Sugar Alliance, a…

August 4, 2015Sugaronline | http://goo.gl/hFYf8H

Australia is seeking a guaranteed slice of any growth in demand in the U.S. sugar market in talks with Washington on the Trans-Pacific Partnership (TPP) trade pact, a source with knowledge of the Australian position said, according to Reuters.

Australia, the world's third-largest exporter of raw sugar, has rejected a…

August 4, 2015Sugaronline | http://goo.gl/2AAuBv

Manila expects lower sugar production for the incoming crop year because of threats of a stronger El Niño in the latter part of year, the Sugar Regulatory Administration (SRA) said, according to the Philippines' Manila Times newspaper.

In a text message, SRA Administrator Ma. Regina Bautista-Martin said they expect…